In a leveraged buyout, to the extent that carryover of predecessor basis is required, it is determined using the personal cost basis of the shares owned by these shareholders.

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In a leveraged buyout, the carryover of predecessor basis, when required, is determined by the original cost basis of the assets in the company being acquired, not by the personal cost basis of the shares owned by the shareholders.

In a Leveraged Buyout, to the Extent That Carryover of Predecessor