Jonathan Day, a recent MBA, is tasked with evaluating tax efficient divestitures for his company. Through his view, this case offers a summary of taxable and tax free structures for corporate divestitures.
Pupils will then examine Disney's sale of ABC Radio, its portfolio of radio stations, to Citadel Broadcasting Corporation using a taxfree construction referred to as the reverse Morris Trust, and also the tax advantages and financial ramifications of the ABC Radio sale for Disney, Disney's investors, and Citadel.
PUBLICATION DATE: June 24, 2011 PRODUCT #: CU18-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING