Re: NOL Rights plan and potential acquisition of CTL - and why little revenue growth
Please read the first link in the post that you responded to. According to that, a full purchase of the company permits the buyer to offset taxable income by the equity value at purchase times the long-term tax-exempt interest rate, which is 1.63% now, per the second link. At my assumed $25B equity purchase price, that is the $400M of taxable income sheltered per year that I mentioned. Perhaps you included the debt, or that link is incorrect?