Re: Corporate Acquisitions

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In Reply to: Re: Corporate Acquisitions posted by Mark on January 21, 1999 at 19:28:43:

: : 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
:
:
Obviosly Joe K has got some information about handling spin offs.However I have not found this information on the board. Please repeat it
Regards
Hej

Replies:

• Re: Corporate Acquisitions Mark 16:38:53 1/23/99 (0)