Investigation of Conglomerate Corporations: Hearings Before Antitrust Subcommittee (Subcommittee No. 5) of the Committee on the Judiciary, House of Representatives, Ninety-first Congress ...U.S. Government Printing Office, 1970 |
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Página 32
... payment of the dividend and a subsequent merger or dissolution , which will enable National to move quickly and flexibly in the future , without incurring adverse tax consequences , as National's management determines to be in the best ...
... payment of the dividend and a subsequent merger or dissolution , which will enable National to move quickly and flexibly in the future , without incurring adverse tax consequences , as National's management determines to be in the best ...
Página 50
... pay a capital gains income tax on this distribution ; that is , the 1 - percent distributees ? Mr. KLEIN . I believe - and this is only conjecture on my part , Mr. Edwards - I believe they had to pay an ordinary tax , a regular dividend ...
... pay a capital gains income tax on this distribution ; that is , the 1 - percent distributees ? Mr. KLEIN . I believe - and this is only conjecture on my part , Mr. Edwards - I believe they had to pay an ordinary tax , a regular dividend ...
Página 51
... pay ? Mr. KLEIN . Well , that is a very difficult characterization . A promise to pay . Debentures are negotiable instruments and have been since the history of this country . There is an open market for them , sir . They can buy them ...
... pay ? Mr. KLEIN . Well , that is a very difficult characterization . A promise to pay . Debentures are negotiable instruments and have been since the history of this country . There is an open market for them , sir . They can buy them ...
Página 57
... payment was to be made July 1 . Mr. HARKINS . So you wouldn't have cash to cover the Great Ameri- can purchases ... pay for borrowing ? Mr. KLEIN . To the best of my recollection , I believe we were borrow- ing money at that time at ...
... payment was to be made July 1 . Mr. HARKINS . So you wouldn't have cash to cover the Great Ameri- can purchases ... pay for borrowing ? Mr. KLEIN . To the best of my recollection , I believe we were borrow- ing money at that time at ...
Página 58
... payment of stock . We sold warrants before we made the purchase of stock and the moneys were in the general corporate treasury . I believe you can assume those moneys , because the amounts account so closely were used to pay for stock ...
... payment of stock . We sold warrants before we made the purchase of stock and the moneys were in the general corporate treasury . I believe you can assume those moneys , because the amounts account so closely were used to pay for stock ...
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Palavras e frases frequentes
acquired acquisition aggregate Agreement Alan American Holding Corporation American Insurance Company approximately assets Board of Directors California Carter cash CHAIRMAN Columbia Savings Columbia shareholders common shares Corporation Common Stock Dealer Managers Debentures December 31 dividend earnings Emanuel Celler Exchange Offer February February 28 Federal income tax financial statements FINELL funds Grosset & Dunlap Guarantee Stock HARKINS holders holding company Holding Corporation Common Insurance office interest investment issued January January 14 July June June 11 KLEIN KUCHEL LIPTON Loan Association loss merger million National General Corporation National General's National's NGC Theatre Corp outstanding shares payment percent plaintiff policyholders prior Prospectus Proxy Statement purchase pursuant real estate Registration Statement reserves savings accounts Savings and Loan September 26 September 30 shares of Holding stockholders subsidiaries surplus Theater operation transaction Vice President vote Warrants Weill & Levitt York Stock Exchange