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HomeAway, Inc. (AWAY) Message Board

perfectstockstorm 1 post  |  Last Activity: Jul 27, 2015 3:30 PM Member since: May 8, 2013
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  • perfectstockstorm perfectstockstorm Jul 27, 2015 3:30 PM Flag

    Allied Telcom gets bought by Verizon and the leftover assets become Winstream.
    Winstream, with these legacy assets is getting hammered and so they spin -off Computer Sales and Leasing.....as a REIT, no less, in a transaction that looks like anything other than a REIT or MLP either... Has anyone been assured by the Co or by a Private Letter Ruling from the IRS as to whether this transaction deserved to be 1) a legit tax free spin-off by Winstream and 2) the corporate structure of CS&L is eligible for REIT status? This sure seems like an aggressive stance for the leftovers of a leftover to be built upon. Unless I have my facts wrong.

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