Nextel / Sprint Reorg
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Nextel / Sprint Reorg I know the Reorginization has happened awhile ago but our club is several months behind as the previous treasurer quit doing his job and didn't let anyone know. Question is: We have (had) 134 shares of Nextel and now according to Ameritrade, we have 169 shares of Sprint. How do I enter this into Bivio?? Do I use the Merger button?? Ameritrade shows "RECEIVED SPRINT NEXTEL CORP COM REORG - 1.26750218:1 EXCHANGE 8/17/05 TO SPRINT NEXTEL 85206 " that cost nothing. and then in a seperate bock: "SELL NEXTEL COMMUNICATIONS 1.2675:1 & $.8462/SHR 8/17/05" which gave us $113.40 cash. I am really confused on how to reconcile this transaction in Bivio. Please any help would be greatly appreciated as I'm trying to get this club back up and running. Thank you, J. Visconti |
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