Recording a Stock Tender + Reorganization

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Posted by Steve on August 04, 2006 at 17:14:41:

MBNA (symbol KRB) underwent a reorganization on 1/3/06, during which shareholders received 0.5009:1 of Bank of America (symbol BAC) stock + cash of $4.125/share. A bit later, I sold the Bank of America stock was later sold.

I'm confused how this transaction should be handled using the "Investment Data" nomenclature of Fund Manager.

Also, using OFX, what's recorded in my Subportfolio is the Cusip Number of KRB, along with a cash tender proceeds of $4.125/share. Is there any way to accurately and clearly record the complete transaction, using this "investment" record, rather than a completely new "Investment" transaction?

Replies:

• Re: Recording a Stock Tender + Reorganization Mark 18:00:28 08/04/06 (2)
  • Re: Recording a Stock Tender + Reorganization Steve 18:29:08 08/04/06 (1)
    • Re: Recording a Stock Tender + Reorganization Mark 13:02:35 08/05/06 (0)