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Re: Merger

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Posted by Mark on March 05, 1999 at 07:31:34:

In Reply to: Merger posted by Barry K. Rayburn on March 02, 1999 at 17:47:01:

: One of the stocks I own just completed a merger with
: another company (actually they were acquired). I own
: 100 shares of the original company ("A") and received
: 1.1 shares of "B" for each share of "A". I think I
: know how to get through this correctly, but I wanted
: to check and be sure.

: Pointers?

: Thanks.
: Barry

Hi Barry,
You could handle it a couple of different ways.
One is to treat it similar to a spin-off and
create a new investment. See:

http://www.fundmanagersoftware.com/spin.html

Another option is to record a split and change
the name of that existing investment.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT





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