Re: Recording a company takeover
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Posted by Mark on April 07, 2001 at 22:10:44:
In Reply to: Recording a company takeover posted by Roger McAlpine on April 07, 2001 at 21:31:05:
: Hi there,
: Company PPX takes over company SCP offering 7 PPX shares for every 8 SCP shares held. On the take over date, SCP is at 3.15 and PPX is at 3.56.
: How is this event recorded in Fund Manager?
I'm assuming you own SCP? If so, just record this as a 7 for 8 split,
and then change the investment name/symbol under "Investment Properties..."
to the new name (PPX).
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00