Clarivate announces termination of tax benefits preservation plan

London , sept. 18, 2023 /prnewswire/ -- clarivate plc (nyse: clvt), a global leader in connecting people and organizations to intelligence they can trust, today announced that its board of directors unanimously approved the termination of the company's tax benefits preservation plan (the "tax benefits preservation plan"), which was originally put in place in december 2022 and was set to expire october 31, 2023, was designed to protect the availability of clarivate's u.s. net operating loss carryforwards and certain other u.s. tax attributes.
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