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Corp A wishes to acquire the business of Corp T . Corp T stock is worth $ 6 5 0 million, and its shareholders cumulatively
Corp A wishes to acquire the business of Corp T Corp T stock is worth $ million, and its shareholders
cumulatively have a tax basis of $ million in the Corp T shares. Corp T has no debt, very little cash, and assets with a
cumulative tax basis of $ million. Assume the Corp T shareholders don't want to pay tax on their gain. Which
transactions are available in the following scenarios?
a Corp is willing to use only its voting stock to acquire Corp
b Corp A wants to use its stock to acquire only of Corp T and pay cash for the rest, and it needs Corp T to
continue in existence due to valuable licenses Corp T holds
c Corp A wants to acquire the assets of Corp T for itself and have Corp T go out of existence
dCorp A wants one of its subsidiaries to acquire the assets of Corp T
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