JD Supra

Delaware Supreme Court Holds Novel Pre-Closing Dividend Transaction Structure Does Not Thwart Appraisal Remedy

In In re GGP Stockholder Litigation, 2022 WL 2815820 (Del. July 19, 2022), an M&A transaction split the merger consideration into two parts: an oversized pre-closing dividend totaling over $9 billion, ...
Morningstar

Sherritt Noteholders Approve CBCA Transaction to Extend Debt Maturities and Strengthen its Capital Structure

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that holders (“Senior Secured Noteholders”) of the Corporation’s outstanding 8.50% senior second lien ...
Business Wire

CommScope Announces Strategic Refinancing Transaction to Significantly Strengthen Capital Structure

CLAREMONT, N.C.--(BUSINESS WIRE)--CommScope Holding Company, Inc. (NASDAQ: COMM) (“CommScope” or the “Company”), a global leader in network connectivity solutions, today announced the closing of a ...
Business Wire

Sherritt Announces Successful Closing of Transaction to Extend Debt Maturities and Strengthen its Capital Structure

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that it has completed its previously announced transaction to extend the ...
Nasdaq

Talen Energy Corporation Completes Financing Transactions to Enhance Debt Structure and Reduce Costs

Talen Energy Corporation announced the completion of several financing transactions aimed at improving its debt structure and reducing financing costs. These transactions include a repricing of a $700 ...
Morningstar

Sherritt Obtains Final Court Order Approving CBCA Transaction to Extend Debt Maturities and Strengthen its Capital Structure

Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that, in connection with the Corporation’s previously announced transaction to extend the maturities of the ...
JournalofAccountancy

Full disclosure: When tax transactions must be reported

Businesses and individuals may structure their transactions in a tax-efficient manner, but when a transaction’s expected tax results eclipse its economic substance, the IRS may deny those benefits.