Stock for assets reorganization
vice has indicated that it will rule favorably in a "C" reorganization. if, in terms of fair market value of the property immediately prior. to the acquisition, at least 90 percent of the net assets and at least. 70 percent of the gross assets are transferred. If the reorganization is unsuccessful, the company will liquidate and sell off any remaining assets. Shareholders will be last in line to receive any proceeds and will usually receive nothing unless money is left over after paying creditors, senior lenders, bondholders, and preferred stock shareholders.