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Corporate Reorganizations ODS *29. 29. Maxco Inc. wishes to acquire Minnow Inc. 31. Choice Co The latter has 500,000 shares of common its division stock

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Corporate Reorganizations ODS *29. 29. Maxco Inc. wishes to acquire Minnow Inc. 31. Choice Co The latter has 500,000 shares of common its division stock outstanding with voting rights and of $200,00 100,000 shares of nonvoting preferred stock. liabilities ola. How many shares of each class of stock new corp must Maxco acquire to qualify the for all its sowo acquisition as a Type B reorganization? distribute b. If Maxco uses its treasury stock to make a. Wha the acquisition, does it matter how up nola b. Wha much Maxco paid for the shares? c. Wha c. If Maxco liquidates Minnow soon filmup noissbi rece brobos bo after the reorganization and acquires Good. Wha Minnow's assets, are the reorganization DOW rules still met? ASH mood. If Minnow purchased the stock of some with crobloderer minority shareholders for cash just how valu snobr before the reorganization, does Maxco's hol fnoiresine acquisition still qualify as a Type B ognisov reorganization? Bilagu rec 10th to e. If Maxco uses only its voting, 32. As part convertible preferred stock, is the solely for voting stock" requirement met? Corp. $15 m How can Maxco determine its basis exchan in Minnow's stock if Minnow was in year G stoc e. wo f. publicly held? bnt Gates distrit 30. Reynolds Corp. acquired the assets of 11

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