EFTA02595075.pdf

From: jeffrey E. <[email protected]> Sent: Wednesday, November 5, 2014 11:12 AM To: Eileen Alexanderson; Richard Joslin Subject: Re: KUE the quesiton is when can we take the tax loss? what =ill it be, can we sell our intrest in 2014 to make it easier On Tue, N=v 4, 2014 at 8:16 PM, Eileen Alexanderson < > wrote: I am preparing =uller summary but want to communicate info relevant to the cf model you ha=e in progress. Guidance from Stan Maron was as follows: -KUE hopes to have the International business sold by year end with proceed= of $400 mil. This would imply a distribution to Black Family Partners of =pprox $5.7 mil. I am not inclined to book into 4Q cash flow since we are n=w in November and deal is not signed. Would feel better to assume 1Q15. -Sale of core early child care learning center business would be further ou= b /c ebitda is still on the mend after a rough spot but there is incentiv= to get the first two deals closed b/c extension of the LP life past Oct 2=15 is dependent on those sales being done. Sent from my iPhone =C2 please note The information contained in this communic=tion is confidential, may be attorney-client privileged, may constit=te inside information, and is intended only for the use of the addresse=. It is the property of JEE Unauthorized use, disclosure or copying =f this communication or any part thereof is strictly prohibited and =ay be unlawful. If you have received this communication in error, pleas= notify us immediately by return e-mail or by e-mail to [email protected], and<=r>destroy this communication and all copies thereof, including all atta=hments. copyright -all rights reserved EFTA_R1_01779387 EFTA02595075