Hi John, thanks for the reply. I guess I omitted the fact that the
existing stock had a different name (symbol) that the new stock. So is
this more of a transfer?
Thanks,
On 7/30/19 1:41 PM, John Ralls wrote:
On Jul 30, 2019, at 11:05 AM, Les <lellio...@gmail.com> wrote:
Hi all:
I had a merger transaction on one of my Canadian stocks where my existing
holding was acquired on a 33 for 20 basis (new for old). From 500 of the
existing shares for 825 shares of the new. I also had a net gain in cash of
C$16.75.
I am uncertain on how to handle this transaction in GC.
I would greatly appreciate any suggestions.
Actions>Stock Split.... Add 325 shares and book a "cash in lieu" for the
C$16.75.
Regards,
John Ralls
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