Would this transaction meet the three IRS change in stock ownership tests? Explain each test and the results.

Stock Redemptions There are 600 shares of Adams, Inc. allocated equally to A. Adams, B. Adams, C. Adams, D. Adams, E. Adams and F. Murray.  Murray, unrelated to the Adams family, would like to sell his shares back to Adams, Inc.   Murray’s shares have a FVM of $200,000 and a tax basis of $50,000.  The […]