SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Loral Space & Communications
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dougjn who wrote (2062)2/27/1998 11:16:00 AM
From: Snake  Read Replies (2) of 10852
 
Doug,

I am one of thoese corporate tax guys, and am somewhat familiar with the issue. I found it more intriquing from a technical tax point of view more than anything else, since most stock for stock deals are tax free. Loral's issue is a new issue and has not been dealt with before with the IRS. Loral says they will traet it as taxable unless it gets a letter ruling from the IRS stating otherwise.

I will follow the result as it applies to my professional life more than as it applies to ONSI shareholders. It is good in this case the deal is not contingent on tax-free status as is the case in a lot of merger transactions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News