club_cafe: ADVP/CMX Merger
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club_cafe: ADVP/CMX Merger >>Who holds your shares?
>>If you use a broker, you will receive a statement that outlines the transaction, including any cash in lieu. I don't see the need for any mathematical calculations regarding gains if you did not sell any shares. I have recorded several mergers and spin offs in Bivio. They are pretty simple. Right now we are awaiting the Travelers - St Paul Co. transaction details. This is simply wrong. Whenever there is cash involved, the calculations always get complicated. Mergers and spinoffs that do not involve cash (other than payments in lieu of fractional shares) are simple.
Ira Smilovitz |
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