Sounds good, but doesn't necessarily mean anything will happen soon. Just look at another NOL shell, WMIH. They have an $8 Billion NOL,(somewhere around that number), $700 million cash for M&A, and powerhouse, KKR leading the charge.. Yet, nothing for years...
These are most likely good plays for one willing to sit back for years if need, and wait for the event.
Who knows, maybe this smaller shell would be less complicated to match up.
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