"The deal also promises to help CenturyLink by giving it access to about $10 billion in tax credits that Level 3 is carrying on its books, Jennifer Fritzsche, an analyst with Wells Fargo Securities LLC, said last week."
Can anyone comment/speculate on why L3 has $10 billion in tax credits that is "carrying"?
"The deal also promises to help CenturyLink by giving it access to about $10 billion in tax credits that Level 3 is carrying on its books, Jennifer Fritzsche, an analyst with Wells Fargo Securities LLC, said last week."
Can anyone comment/speculate on why L3 has $10 billion in tax credits that is "carrying"?