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Author: Gordogato Big red star, 1000 posts Old School Fool Ticker Guide CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 30  
Subject: Re: news on Petro Date: 5/8/2008 5:40 PM
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Then we automatically get stock in the bigger company in exchange for our HK shares. The stock we get in the new parent company will be worth the same or more than the stock we currently hold in Petrohawk (hopefully more). If that happens, your brokerage will take care of all the transactions for you, and you do not need to claim capital gains for your taxes until you sell your stock in the new company.
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