Reiterate my buyout target for those who didn’t seeWhy I've thought ATH is a buyout target
Tax pools are huge for ATH. Other boards posted about different companies but RBC info as follows
Tax pool coverage ratios - the lay of the land. Our producer group's tax pools are displayed in Exhibit 1 relative to each company's operating income, illustrating roughly how many years of coverage each producer has remaining. Coverage depends on pool type and the magnitude of new pools generated each year - producers with the longest runway include LXE, ATH, CJ and POU, with PEY, TVE and ARX screening as the shortest (reflective of higher historical earnings). Viewed through a FCF lens, we believe companies best positioned to (1) generate meaningful FCF and (2) shield that FCF from taxation for longer include POU, CJ, MEG and ATH in a long-term harvest scenario.