Fund Manager
Contact Us

Re: Acquisition

[ Q2 00 - Q2 01 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

Posted by Mark on July 26, 2000 at 19:40:36:

In Reply to: Acquisition posted by G Best on July 26, 2000 at 15:12:01:

: Company A acquired Company B. My tax basis for Company A is $13.64. The purchase price is $49. How will capital gains be computed?

Is there now only a company A? The capital gains would be based off your
cost basis in A and the price at which you sell A. The exact case depends
on the details of the acquisition. Did you get more shares in A when they
bought B?

Mark Beiley

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

Replies: | Search | Site Map | About Us | Privacy Policy