GREY:TBTEF - Post by User
Comment by
Oldfart74on Mar 26, 2017 9:43pm
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Post# 26033509
RE:RE:Remember this is not "Normal"
RE:RE:Remember this is not "Normal" The only party who can benefit from the tax pools is the purchaser because the tax pools can only be utilized against the income from properties previously owned by TBE. The PSA provided that maximum tax pools were sold to purchaser. I'm not certain if the purchaser will have to acquire the shares of TBE to fully realize the benefits. If they must acquire the shares, a CCAA filing may accomplish the transfer. Just a thought.