PLR 201228011 Parent. Seller. 100% Target Stock. Target. NewCo. Facts.
{"Image DocumentName": "PLR Parent. Seller. 100% Target Stock. Target. NewCo. Facts.", "Image ImageDescription": "Parent is the common parent of an affiliated group of corporations filing a consolidated return. Its stock is publicly traded. Seller is a holding company. NewCo is a newly organized corporation created by Seller to participate in the Proposed Transaction. Proposed Transaction. Seller will transfer all of Target\u2019s common stock to NewCo in exchange for NewCo preferred stock and NewCo common stock. NewCo\u2019s only outstanding securities will be the common and preferred stock owned by Seller.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}