<<What does one do when stock they own in Company A is bought by Company B and then converted to Company B shares?Which price do I use for the original cost basis? The price when I received Company B's shares, or the price I originally paid for Company A and then multiplied by the share conversion ratio?>>As Peter pointed out, there us usually a very specific formula that Company B will provide to you that will allow you convert your basis in Company shares to Company B shares. For additional information on how this all works, see may multi-part article in the Taxes FAQ area regarding stock split ups and spin offs.TMF TaxesRoy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra