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Re: Nellafom post# 392573

Tuesday, 12/17/2013 11:43:35 AM

Tuesday, December 17, 2013 11:43:35 AM

Post# of 730278
we have already one partner: Quote `` That's because Lehman could use the NOLs, along with whatever cash it's got, to merge with another profitable company. The NOLs would then be used to offset the income generated by the combined company and let it operate virtually tax-free for many, many years. The only limitation under tax law is that the NOLs would be good only if Lehman strikes mergers within its own industry—but, then again, “financial services” describes so many different companies, it's not as if Lehman would be starved for choices. ``
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