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NorthStar Realty Finance Corp. Message Board

inward 1 post  |  Last Activity: Jun 3, 2016 9:17 AM Member since: Dec 1, 1997
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  • The announcement states "Each of Colony and NRF has preferred stock outstanding and the holders of such preferred stock will receive shares of preferred stock of Colony NorthStar that are substantially similar to the preferred stock held prior to the closing of the transaction."

    In a merger like this one, am I right in thinking that the conversion of the preferred stock will not create a taxable event?

NRF
13.03-0.06(-0.46%)Aug 24 4:02 PMEDT