Partial buyout question

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I have searched the forum for a similar example but can not find one and therefore seeking advice as how to handle the following.

I currently own Banknorth (BNK), a regional bank. On March 1, Toronto-Dominion Bank (TD) purchased a 51% interest in BNK. The deal of the merger is that for every BNK share one will receive the following: $12.54 in cash, 0.2351 shares of TD with fractional shares paid at $40.522 per share, and 0.49 shares of BNK with fractional shares paid at $31.198 per share.

I would appreciate any help one can give me regarding how to handle this in FM.

Thanks.
jfh

Replies:

• Re: Partial buyout question Mark 12:03:28 03/19/05 (1)
  • Re: Partial buyout question James Howard 12:33:45 03/19/05 (0)