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"Last year, I repurchased it for 60 times the price I had originally paid in 1982.
It leased it back from the buyer, the real estate RFR Holding, and in 2009 it repurchased it for $370 million.
When they repurchased it in 2007, they paid $335,000 more than they had sold it for, but the seller had done about $200,000 worth of renovation.
But Mr. Camp's proposal would require the option to be valued at the end of each year based on what the profit would be had the option been sold and repurchased it at the end of each year.
Two years later, he repurchased it for $275,000, but he paid Rhode Island none of the 7percenttaxax due on it, thus defrauding the state out of $19,250.
He later sold it, repurchased it and resold it again in 1968.
Similar(52)
A repo is simply a "sale" of a financial asset to someone else, with an agreement to repurchase it at a fixed price and date.
Enron sold an interest in them to Merrill Lynch, which the complaint says, received a guarantee that the company would repurchase it in six months.
Can you create a deductible loss by selling stock in a taxable account and repurchasing it within 30 days inside your I.R.A., or by having a child repurchase identical shares in his or her own account?
In this case, Enron shifted assets to LJM for a cash payment it recognized as revenue, only to shift the asset back later by repurchasing it from LJM at a profit to the partnership.
Whether there is enough support to bail out the company or repurchase it remains to be seen, but the law under which the government sold the factories calls for maintaining a "viable" domestic industry.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com