Pengrowth/WEF -- summary under Litigation trust distribution

Summary Under
Tax Topics - Public Transactions - Spin-Offs & Distributions - Taxable dividends-in-kind - Litigation trust distribution
dividend-in-kind of litigation trust interest followed by cash sale
Overview

Pengrowth owes over $0.7B to secured debtholders. A private purchaser (the “Purchaser”) has agreed, under an Alberta Plan of...

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