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Intel to Sell 10% of Its Clearwire Stake

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Smart!

glinc

May 11, 2011, 5:46 PM
LOL, smart company hehe, get rid of a failing company while you can.
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Hitur Petar

May 11, 2011, 5:52 PM
It's a form of tax loss harvesting. It's simply a way to get out of some taxes. Believe me, if anyone wanted completely, they would have been out a long time ago. One small share holder is keeping 90% of their stock. This is really not news.
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trey1475

May 12, 2011, 4:59 PM
I dont blame them... Get rid of the toxic assests while they can.
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Iknownothing

May 14, 2011, 1:01 AM
If they're "getting rid of a failing company while they can" then why are they keeping 90 percent of their shares?
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atandtrep

May 14, 2011, 6:29 PM
just speculating here, but probably because they have lots of accountants and lawyers who are paid lots of money to make their tax liability as low as possible and that negative capital gain was enough to cover their taxes
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