AAM Distribution definition

AAM Distribution means the distribution of Alleghany Asset Management to Alleghany by Chicago Title & Trust Company, a wholly-owned subsidiary of the Company, in June 1998.

Examples of AAM Distribution in a sentence

  • The Merger will not affect the qualification of the distribution of the Company from Alleghany Corporation as a transaction in which no gain or loss is recognized under Section 355 of the Code and will not affect the AAM Distribution as a transaction in which no loss or gain is recognized under Section 355 of the Code.