SCCO and SRGE want the buy out done now, they have few days left to complete it but can do it
surely their tax dollar greed is paramount, I know mine is, no reason to delay into new year at all
SRGE will complete Q4 with divvy and up list and close on the $500+ mil buyout, complete and pay out to shareholders the 20c special divvy before EOY, read below as to why, remember the corporate shareholders are the biggest investors in the company and they want to keep their tax dollars too, load up people at these levels, this is going to rip wide open, this is the reason for the paper chase, imo
Corporations are now rushing out special dividends to shareholders in an effort to beat the coming tax hikes on dividends.
Between Nov. 1 and Dec. 5, 349 companies moved up their dividends or paid special dividends, according to Silverblatt. That is higher than the 314 irregular dividends paid last year in all of November and December. Silverblatt expects the pace of early dividends to pick up if Washington keeps dawdling.
Many companies go beyond moving up ordinary payments. They are declaring special, one-time dividends to take advantage of the lower tax rate while it lasts.
Oh, you are still talking about Cosmo Kramer - of course Jim Cramer wouldn't talk about a SUB-PENNY stock that has Gagged the TA, went Dark and hasn't filed any audited financials since 2007.
Rumor quashed by mine and many others who sent emails laying out 18 items where SRGE has lied in press releases.
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