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October 8, 1990 | JUBE SHIVER Jr., TIMES STAFF WRITER
Music mogul David Geffen, who rejected an all-cash bid for his company and sold it at a lower price to MCA Inc. in March in a deal that enabled him to avoid a huge tax bill, may have a tough time avoiding taxes if Matsushita Industrial Electric Co. consummates an offer for MCA.
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BUSINESS
October 8, 1990 | JUBE SHIVER Jr., TIMES STAFF WRITER
Music mogul David Geffen, who rejected an all-cash bid for his company and sold it at a lower price to MCA Inc. in March in a deal that enabled him to avoid a huge tax bill, may have a tough time avoiding taxes if Matsushita Industrial Electric Co. consummates an offer for MCA.
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