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Krispy Kreme Doughnuts Inc (NYSE:KKD): Current Price $11.58
Krispy Kreme Doughnuts Inc (NYSE:KKD) announced the creation of a tax asset protection plan designed to preserve substantial tax assets such as its Federal net operating loss and other tax carry forwards that may be prejudiced by an unintended “ownership change” under IRS rules, or section 382 of the Internal Revenue Code. The plan proposes to discourage any person from becoming a 5% shareholder, thus reducing the risk of such an ownership change.
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