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Stock impact report

Clarivate Announces Termination of Tax Benefits Preservation Plan

Clarivate Plc Ordinary Shares (CLVT) 
Company Research Source: PR Newswire
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. The Tax Benefits Preservation Plan will expire as of end of day October 1, 2023.About ClarivateClarivate™ is a global leader in providing solutions to accelerate the pace of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of Academia & Government, Life Sciences & Healthcare, Show less Read more
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