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Subject:  Re: Dear Client: Date:  3/4/2014  6:16 PM
Author:  ptheland Number:  120355 of 131280

I used to do those spreadsheets! (See my first post on TMF of ever, almost 16 years ago) I can't say I miss that part of my prior life.

I cut my teeth on the ATT breakup. I thought that kind of stuff was just normal. Took me a few years to realize how complex it really was.

FYI- I even have one for AT&T starting pre-break-up...well, at least through about 2000 or so. Wasn't there a spinoff from Lucent (Acelar or something) after Lucent was spun off itself, or something like that?

I have a software program that still calculates the AT&T breakup (and partial re-assembly) through 2012. The software is current for 2014, so that's probably the last stock split/merger/acquisition transaction in the group.

PS- were any of those spinoffs stock and cash, and so "taxable to extent of boot"? Or did my saying that sentence just cause you to involuntary twitch?

Rockwell seems to be a bit easier than AT&T, in that it's almost all spin-offs of stock. No cash involved. And yes, there was a bit of a twitch there. ;-)

PPS- at least they're actually getting the cash so they're not DRIPping. Small solace, I know.

Very small.

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