Washington, DC tax partner Alan Kaden comments on the possible sale of <em>Newsday</em> in <em>Newsday</em>

Washington, DC tax partner Alan Kaden comments on the possible sale of Newsday in Newsday

An April 12, 2008 Newsday article, "Newsday Stock Swap Sale Could Save Zell $245m," quotes Washington, DC tax partner Alan Kaden on the idea of a non-cash asset swap in connection with the possible sale of Newsday. Kaden explains that the way to get cash out of the swap is to borrow against it but warns that "there are limits on how much you can borrow against in today’s market."

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