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educatedidiot

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  1. The transaction can be structured as either a sale of assets or a sale of stock.  In an asset sale tax advantages accrue to the buyer (the buyer can mark-up the cost base and get extra depreciation for tax purposes), whereas in a stock sale tax advantages accrue to the seller.  Presumably they mean that they therefore intend to structure the transaction as a stock sale, but I don't have any special insight into PRXI otherwise to confirm this.

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