Clarivate adopts tax benefits preservation plan to protect availability of net operating losses

London , dec. 22, 2022 /prnewswire/ -- clarivateplc (nyse: clvt) today announced that its board of directors adopted a tax benefits preservation plan (the "tax benefits preservation plan") designed to protect the availability of clarivate's u.s. net operating loss carryforwards ("nols") and certain other u.s. tax attributes, which can be utilized in certain circumstances to offset future u.s. tax liabilities. as of september 30, 2022, clarivate estimates that it had u.s. federal net operating loss and interest carryforwards in excess of $1.0 billion.
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