[GNC] Stock Transaction

[Jack Frillman]

Got it.
That's what I was hoping but wasn't sure.
Thanks,

Jack

On 3/2/22 6:55 PM, Geoff wrote:
> Hi Jack
>
> Yes, this can be handled the same way as your previous DFMGX -> DFMLX 
> conversion.
>
> You need to create a new Security and Account for SPGI.  Then work out 
> the cost basis of your INFO securities and use that as the value of 
> the transaction so that it becomes the cost basis of your SPGI 
> securities and hence there is no capital gain/loss event.
>
> Regards
>
> Geoff
> =====
>
> On 3/03/2022 4:11 am, Jack Frillman via gnucash-user wrote:
>>
>> I had a stock (INFO) in a company that was purchased by another 
>> company (SPGI).  INFO no longer exists but I now have x shares of SPGI.
>> What's the recommended way of recording this in GNUCash?
>>
>> This looks very similar to a Mutual Find conversion I asked about a 
>> few weeks ago. Can this stock transaction be handled the same way?
>>
>> Thanks.
>>

-- 
Old Unix programmers never die, they just mv to /dev/null
- Anonymous