I think who bought Multiplus (MPLU3) shares at IPO actually borrowed money to TAM (TAMM4).
Multiplus abre mão de caixa.
Smart Grocery Shopping Tactics
2 weeks ago
Friday, March 11, 2011
Multiplus and TAM
Under no circumstances does any article or opinion posted on this blog represents any kind of advice, suggestion or recommendation to buy or sell any security. We also do not guarantee the accuracy of any information contained in any posting on this blog.
Related Posts
Subscribe to:
Post Comments (Atom)
1 comments:
And there was also taxes issues, as mentioned in the text.
By choosing a primary offering, TAM did not have to pay income tax on capital gains, which would be necessary if it had decided to sell a slice of Multiplus in secondary distribution. As the assets of the company was almost zero, the account would be huge.
Post a Comment
We encourage your feedback and we will take your comments into serious consideration. However, you must be warned that any comment that does not follow the blog philosophy (Value Investing and Behavioural Finance) will be promptly removed.