A buyer may divest a significant portion of the acquired company immediately following closing without jeopardizing the tax-free status of the transaction.
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Q39: The IRS generally views forward triangular cash
Q40: In a triangular cash merger, the target
Q41: To demonstrate continuity of interests (COI), target
Q42: If the transaction is tax-free, the acquiring
Q43: Nontaxable transactions also are called tax-free reorganizations.
Q45: If the acquirer invokes a 338 election
Q46: In a tax-free reorganization, the buyer is
Q47: Tax-free reorganizations generally require that all or
Q48: Transactions may be partially taxable if the
Q49: The IRS treats the reverse triangular cash
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