I own stock in a company (Immunex) that is merging with another company (Amgen). The deal calls for 0.44 shares of Amgen and $4.50 cash for each share of Immunex. Is the $4.50/share of Immunex taxable? If so, at what rate?Check your paperwork or, if that fails, investor relations at either company. The tax treatment of mergers is determined on a case-by-case basis.Phil Marti
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