Re: Corporate Acquisitions

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In Reply to: Corporate Acquisitions posted by Joe K on January 21, 1999 at 10:40:25:

: Thanks for the tip on handling spin offs. How about something on acquisitions, for example the pending SBC/Ameritech deal where a shareholder of Ameritech receives 1.316 shares of SBC. The cost base and return for the Ameritech investor should end up being reflected in the SBC shareholdings.
: Thanks

In this case probably the best solution is to record a split of 1.316 for 1, and change the name/symbol of the investment. An investment note would also be a good idea...

Thanks,
Mark
--
Mark Beiley

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

Replies:

• Re: Corporate Acquisitions H Jonsson 13:19:07 1/23/99 (1)
  • Re: Corporate Acquisitions Mark 16:38:53 1/23/99 (0)