Re: Recording a company takeover

[ Q2 00 - Q2 01 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

In Reply to: Re: Recording a company takeover posted by Mark on April 07, 2001 at 22:10:44:

: : Hi there,
: : Company PPX takes over company SCP offering 7 PPX shares for every 8 SCP shares held. On the take over date, SCP is at 3.15 and PPX is at 3.56.
: : How is this event recorded in Fund Manager?
: : Cheers
: : Roger

: Hi Roger,
: I'm assuming you own SCP? If so, just record this as a 7 for 8 split,
: and then change the investment name/symbol under "Investment Properties..."
: to the new name (PPX).

: Thanks,
: Mark

Mark

What if I own both PPX and SCP ?
How do I put old and new shares together?
(In my case it is MSFT and GPSI)
Thanks

Homer

Replies:

• Re: Recording a company takeover Mark 19:43:41 04/09/01 (0)