IBI AND LTD
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IBI AND LTD Gekko Worldwide Partners needs some help. Would anyone have an idea on how to enter this transaction with Intimate Brands and The Limited? It is an exchange, but is it treated as a merger, spinoff or something else? I know that the ratio is 1.10 shares of LTD for every 1 share of IBI. New to Bivio, Thanks, MIKE > Would anyone have an idea on how to enter this transaction > with Intimate Brands and The Limited? This is a merger. You would go to Accounting > Investments > Initimate Brands, Inc (IBI), then click on the merger icon. Enter the following: Acquiring Ticker: LTD Transaction Date: 3/21/02 For Shares Received, you need to enter the amount of shares deposited into your account. This may not have happened already in which case you should wait for the transaction to appear on your broker statement. If you have fractional shares, you may have received cash in lieu for the fraction. AccountSync customers: this transaction was or will be entered automatically for you. We can't give specific help in this forum, because we do not disclose the account details. Mail support@bivio.com if the above instructions are not clear. Cheers, Rob |
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