Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Stock Traders Daily
$20.00
Provider: ValuEngine, Inc.
$49.00
Provider: New Constructs, LLC
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Noble Corp Announces Receipt Of Private Letter Ruling For Previously Announced Spin-Off Transaction


Friday, 25 Oct 2013 08:00am EDT 

Noble Corporation announced that it has received the anticipated private letter ruling from the Internal Revenue Service relating to the tax treatment of the recently announced proposed spin-off of the Company's standard specification drilling business. The previously announced spin-off transaction, if effected, is expected to qualify as a tax-free transaction under sections 368(a)(1)(D) and 355, and related provisions of the Internal Revenue Code of 1986, as amended. The private letter ruling addresses key aspects of the tax treatment of the proposed transaction. The Company continues to proceed with its preparation for the spin-off. 

Company Quote

12.58
0.38 +3.11%
3:18pm EDT