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Author: CABob Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121144  
Subject: Re: Tax implication on GDT & JNJ deal Date: 4/5/2005 5:01 PM
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http://www.guidant.com/investors/jnj_info.shtml

Q. What are the mechanics for shareholders to exchange their shares?
A. After the merger is completed, the exchange agent will send a letter of transmittal to each former Guidant stockholder. The transmittal letter will contain instructions for exchanging shares of Guidant common stock for cash and shares of Johnson & Johnson common stock as provided in the Merger Agreement. </i?

You should receive, shortly after the dust settles on the merger, information on how to handle the transaction. I have never been involved in a stock plus cash merger or acquisition so I can't be of more help, but, in any case, you must follow the direction provided which includes IRS treatment.

Bob

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