I got my proxy statement today. I suppose it is a legal necessity but I don't know if I have ever seen a vote that was in such little doubt. Quoting from the front page letter: "Tyco, through TGN Holdings, currently owns approximately 89% of TyCom's outstanding shares and has agreed to vote its TyCom common shares in favor of approval of the amalgamation agreement."I doubt that my shares will have much of an impact on the election here.Anyway, I was surprised to see that the amalgamation will be a taxable exchange. See page 34 of the proxy. Right now TyCom is trading at about my average basis for it so it won't effect me much. However I guess that I will be hoping that Tyco's price drops, or at least doesn't go up much between now and the exchange to save a bit on taxes. Maybe we can get Tyce to help us here. ;-)prime13
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