As with other retail and mixed-use properties that have been acquired
by SL Green and Sutton, the partners intend to make capital improvements and otherwise reposition the two properties to unlock their full potential value.
85-198, the Service ruled that an acquiring company satisfied the COBE requirement following a merger of two bank holding companies, because the acquiring holding company continued to indirectly operate a significant historic business through its ownership of the acquired
holding company's second-tier subsidiary.
The final consolidated return regulations released July 2, 1999 (TD 8823) are well known among corporate tax practitioners for eliminating the separate return limitation year (SRLY) limit on pre-acquisition net operating losses (NOLs) of an acquired
member when it overlaps with Sec.
Arbortext, a recognized leader in the emerging Dynamic Enterprise Publishing market and a part of Norwest Venture Partner's (NVP's) portfolio of software companies, today announced it has entered into a definitive agreement with PTC (Nasdaq:PMTC) to be acquired
for $190 million.
The rule generally seeks to prevent the newly acquired
loss carryovers from offsetting income generated prior to the acquisition date.
In addition, if the Company is later acquired
in a merger or similar transaction after the Rights have become exercisable and a person or group is, or becomes, an Acquiring Person, all holders of Rights except the Acquiring Person may, for $27, purchase shares of the acquiring corporation with a market value of $54 based on the market price of the acquiring corporation's stock, prior to such merger.
355 is the sole means under which divisive transactions can receive tax-free status; Congress specifically requires the liquidation of the acquired
corporation in Sec.
OTCBB: FLWE)("Fellows") announced today that it has acquired
two new shallow oil and gas projects through its exploration agreement with Thomasson Partner Associates, Inc.
Therefore, this reorganization did not qualify as an A reorganization, because the target's assets were not acquired
by only one acquiring company.
Of the 394,000 common shares acquired
, 169,000 were acquired
He was also a board observer with ZettaCom when it was acquired
by IDT, and he previously served on the board of the Wireless Communications Alliance (WCA).
1033 involuntary conversion have new guidance for depreciating the acquired
property under Sec.
In 1987, CSB and IBT entered into negotiations with Corporation K, to be acquired
Any interest in assets or interests in mining properties acquired
by AEI and attributable to the use of the Probe and Database and/or the hyperspectral expertise of GBSI by AEI during the Option Period ("JV Interests") shall be held by AEI in trust on behalf of GBSI and ESSI pursuant to a joint venture between the parties with beneficial ownership held 78% by the Company, 15% by ESSI and 7% by GBSI.
In Hamilton Industries, the taxpayer acquired
assets in two transactions, each of which involved a residual price allocation to the acquired