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October 3, 2005
Charts on Tribune Co. Tax Court Case
Last week, we blogged the Tax Court decision in Tribune Co. v. Commissioner, 125 T.C. No. 8 (9/27/05), which held that the divestiture of the Matthew Bender Publishing Co., and its 50% interest in Shepard's-McGraw Hill, was not a tax-free reorganization and instead was a taxable sale to Reed Elsevier for $1.375 billion. Andrew Mitchel has posted some very helpful charts outlining the transactions in the case.
October 3, 2005 in New Cases | Permalink
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» TRIBUNE CASE - SIMPLE AS THAT from Roth & Company, P.C.
The increasingly indispensable andrewmitchel.com has diagrammed the failed reorganization that may cost the Tribune Co. $1 billion or so. While... [Read More]
Tracked on Oct 3, 2005 3:48:18 PM
