Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: marketmover who wrote (6463)	1/28/1999 11:16:00 PM
From: Mr_X	Read Replies (1) \| Respond to of 18998

I've actually thought about this, since Assoc.'s cost is about zero - How about a spinoff of Teligent, followed by a spinoff of Tru Position and the other operating assets, followed by a stock for stock merger with AT&T? At that point, there will be nothing in AGRPB except for Telephone and Liberty stock, since TCOMA & TCOMB become T, and LBTYA and LBTYB become Liberty, which becomes T Tracking stock. Very clean and neat. Not a tax expert though, so i can't say for sure AGRPB/T merger would be tax free to AGRPB and its holders, but there is nothing obviously offensive to it. T would retire alot of stock at a discount, AGRPB would avoid cap gains taxes, and they would get back just about what they had. Sort of a laundromat for stock.