Tax consequences of the dealThey say in the press release that the 9.50/sh cash distribution will be a return of capital.
Wondering if 100% will be ROC or if some % of the 9.50 will be a capital gain distribution.
Would like some clarification, if anyone knows for sure about this.
Like many others, as an energy investor , I have lots of capital losses to try to offset and this might be a way to do so, if there are cap gains as a part of the transaction