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Subject:  FHCC cap gain Date:  3/11/2006  10:53 PM
Author:  jleckey Number:  84855 of 127753

I owned three MFSA selections that were aquired in mergers in 05. I'm wondering how to calculate the capital gain on each of them, as well as the new cost basis for the shares that I received.

The first was First Health Group Corp. My cost basis (6/18/03) was $1154. Upon the merger, I received $375 cash (minus $20 reorg fee from broker), and 7 shares of CVH, valued at $270.97 at the close on 2/4 - the date of the acq. How do I calculate my loss, and the basis for the CVH shares?

The second was ELBO, which was a bit happier. Cost basis (9/1/04) was $1004. Upon acquisition by GME, I received $1144.50 and 23 shares of GME, valued at $30.66/sh at the day of closing. Again, how do I calculate the gain, and the cost basis for the GME shares?

The final one was pretty straightforward - SSNC was acquired for cash, so I stand a good chance of figuring that one out!

I got smarter as the year went on, and sold SE before the end...

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