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Target sells assets not desired by Acquirer before entering into a reorganization transaction with Acquirer. In which reorganization will the step transaction doctrine not apply

Target sells assets not desired by Acquirer before entering into a reorganization transaction with Acquirer. In which reorganization will the step transaction doctrine not apply to the sale by Target?

a. “Type B” reorganization. b. Only “Type A” and “Type C”. c. “Type A” reorganization. d. “Type C” reorganization.

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