Reuters logo
BRIEF-Forestar adopts tax benefits preservation plan to preserve valuable tax benefits
January 5, 2017 / 10:36 PM / 10 months ago

BRIEF-Forestar adopts tax benefits preservation plan to preserve valuable tax benefits

Jan 5 (Reuters) - Forestar Group Inc

* Forestar adopts tax benefits preservation plan to preserve valuable tax benefits

* Forestar Group - if a shareholder becomes 5-percent shareholder after adoption of plan without meeting customary exceptions, rights would become exercisable

* Forestar Group - under tax benefits preservation plan, co is issuing one right for each share of stock outstanding at close of business on Jan 17, 2017

* Rights issued by co under the preservation plan will trade with Forestar’s common shares and will expire on January 5, 2018 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below