Dec 22 (Reuters) - Open Text Corp OTEX.TO :
* OPEN TEXT CORP - RESOLVING ALL OF PREVIOUSLY DISCLOSED PROPOSED ADJUSTMENTS TO ITS TAXABLE INCOME FOR FISCAL 2010 AND FISCAL 2012 WITH IRS
* OPEN TEXT CORP - OPENTEXT WILL MAKE AGGREGATE PAYMENTS OF APPROXIMATELY $290 MILLION TO IRS IN U.S. FEDERAL TAXES AND INTEREST
* OPEN TEXT CORP - IRS SETTLEMENT ALSO ELIMINATES APPROXIMATELY $90 MILLION IN FUTURE WITHHOLDING TAXES THAT OPENTEXT HAD EXPECTED TO PAY OVER NEXT 10 YEARS
* OPEN TEXT CORP - EXPECTS IRS SETTLEMENT TO RESULT IN AN APPROXIMATELY $290 MILLION CHARGE TO GAAP-BASED NET INCOME (LOSS) FOR Q2 OF FISCAL 2021
* OPEN TEXT CORP - COMPANY EXPECTS TO MAKE PAYMENTS TO IRS OF APPROXIMATELY $290 MILLION IN Q3 OF FISCAL 2021