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Re: nycdream post# 96248

Tuesday, 03/04/2014 5:38:27 PM

Tuesday, March 04, 2014 5:38:27 PM

Post# of 137700
no. your initial investment is still the purchase amount, and whatever the number of new shares and subsequent price when you sell is your sale amount. capital gains are taken on the difference, just like a non-merger situation. forget the number of shares or the name change...total dollars in vs. total dollars out.

disclaimer: not a CPA or accountant, but was a financial advisor for 24 years.

Ilene