Jonathan Day, a recent MBA, is tasked with evaluating tax efficient divestitures for his company. Through his outlook, this case provides a summary of taxable and tax free constructions for corporate divestitures.
Walt Disney's Sale of ABC Radio Structuring a Tax-Efficient Divestiture Case Study Solution
Students will then analyze Disney's sale of ABC Radio, its portfolio of radio stations, to Citadel Broadcasting Corporation using a tax free structure called the reverse Morris Trust, and also the tax advantages and financial ramifications of the ABC Radio sale for Disney, Disney's stockholders, and Citadel.
PUBLICATION DATE: June 24, 2011 PRODUCT #: CU16-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING