Posted by James R Cundiff on May 10, 2008 at 23:31:42:
In Reply to: Stock Sale posted by Gproperties on May 08, 2008 at 14:56:11:
I can think of two nontax reasons for a stock sale. Wouldn't such a sale isolate the former shareholders from hidden contingent environmental liability? And similarly, wouldn't an owner's indemnification provision in a management contract pass the obligations to the new owners?