Georgia Bard's Corner Message Board

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Pastimes : Georgia Bard's Corner

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To: Ga Bard who wrote (1098)	5/1/1998 10:44:00 AM
From: Crossy	Read Replies (1) of 9440

Gary, question relates to no particulary company but to bankrupcies as a whole. While researching Cincinnati Microwave (CNMWQ) I noticed that under its accepted plan of Reorg, the company is going to be liquidated and finally dissolved. What happens to the taxloss in such a situation ? The shares are going to be cancelled. Does this mean everything of that company is going to be wiped out of existance ? The assets ok - buit the shell also ? Why is it not used as a shell ? Or is it and I just don'T see it ? regards CROSSY

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