LIN TV will recognize a taxable gain of $715.5M on Comcast/GE deal

theflyonthewall.com

As a result of the Comcast (CMCSA) / GE (GE) Transaction, LIN (TVL) will recognize a taxable gain of $715.5M. The company estimates that approximately $142M of this gain will be characterized as ordinary income and the remaining gain of $573M as capital gains.

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