What Type of Reorganization Is Affected in Each of the Following

question 82

Short Answer

What type of reorganization is affected in each of the following independent transactions?
a. "A" reorganization, merger
b. "A" reorganization, consolidation
c. "B" reorganization
d. "C" reorganization
e. Acquisitive "D" reorganization
f. "D" reorganization, spin-off
g. "D" reorganization, split-off
h. "D" reorganization, split-up
i. "E" reorganization
j. "F" reorganization
k. "G" reorganization
l. Taxable transaction
-Feather currently has four divisions that have been in existence for 15 years.Feather creates three new corporations and transfers one division to each newly formed corporations in exchange for all of the stock of these new corporations.Feather retains one division.Feather then distributes the stock in the three new corporations to its shareholders in exchange for 75% of their stock in Feather.

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Definitions:

Cancer

A broad term for a large group of diseases characterized by the uncontrolled growth and spread of abnormal cells in the body.

Abbreviation

The act of shortening a word or phrase to create a simpler or more compact form, usually employing the initial letters.

PSA

Prostate-Specific Antigen, a protein produced by the prostate gland, levels of which are tested to screen for and monitor prostate cancer.

Meaning

The significance or understanding that is intended or represented by something.