[GNC] Merger
John Ralls
jralls at ceridwen.us
Tue Jul 30 14:41:12 EDT 2019
> On Jul 30, 2019, at 11:05 AM, Les <lelliott5 at 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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