Replies to post #78285 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

I don't know what you mean that it can be used in a merger? Not really. The NOLs can create value for a company and be carried forward and used for offsetting future gains of the merged company for tax purposes, but can't be used in the merger itself to fund the merger. Is that what you mean?

Color me gone for tonight.