Re: merger / buyout

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In Reply to: merger / buyout posted by Ron Saad on July 29, 2005 at 13:10:24:

: Hello,

: How do I record a buyout / merger? For example Royal Dutch Shell - shares of SC replaced by ~0.862 of RDS-B with fractional shares sold on open market (yielded effective $62.15385389/share)?

: Thanks,
: Ron

Hi Ron,

I'd suggest doing 3 things:

1) Record a 0.862 for 1 split.
2) Record a sell transaction for the number of shares sold.
3) Change the Name/Symbol under "Investment Properties...".

You might also want to record a memo with either or both the split and sell transactions so you can remember the cause.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

Replies:

• Re: merger / buyout Ron Saad 15:34:52 07/29/05 (1)
  • Re: merger / buyout Mark 17:06:05 07/29/05 (0)