Chemtura Corp (fka CHMT)

[fisherman2009]

I doubt very much Chemtura is willing to give up the benefit of it's NOL.

Chemtura's ability to use its net operating losses and other tax benefits would be substantially limited by Section 382 of the Internal Revenue Service code if an "ownership change" occurred - generally, a greater than 50 percentage point change in ownership of common stock by shareholders owning (or deemed to own under Section 382 of the Code) 5 percent or more of a corporation's common stock over a defined period of time.

Pretty good incentive to keep things the same.