Thursday, February 26, 2015 8:52:30 AM
Price is $52.75; $10.50 is in cash; $42.25 in stock.
Deal to close by end of 2015 subject to regulatory approval
Price jumps from $42.33 to $51.99 on news.
My $1.73 annual dividend going away; but--$5,000 gain overnight and $8,500 long term gain (tax free in my IRA) will be great.
NOW, looking to maybe sell early (around $52.25 or better) and reinvest proceeds into VZ or T and increase annual dividend somewhat.
Love these announcements! ! !
We learn to crawl before we walk;
We learn to walk before we run;
We learn to run before we fly;
We learn to fly before we soar!
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