New Corp

NWL position long Sam Zell

Thesis

Zell refers to acquiring New Corp, which had $250 million in NOLs, indicating his strategy of capitalizing on tax advantages that were not recognized by the market.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time frame since the pitch, it's unclear whether the thesis regarding the tax advantages from acquiring New Corp has played out. The lack of information on the market's recognition of these NOLs leaves the outcome uncertain.

Raw excerpt

No raw excerpt stored.