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Author: ghelebrant Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: cash & stock Merger Date: 10/22/2001 9:20 PM
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How do I figure the cost basis of stock in a company that was bought out receiving cash and shares of stock in the new company? The transaction was approx. 60% cash and 40% stock but the cash portion was less than my cost basis of the original company stock purchase. The stock portion was also a cash equivalent (a % of a share of the new company stock)to bring the dollar offer to 100%. The combined settlement was a net gain.
Thanx in advance
Gary


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