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jbones001

11/03/06 2:25 PM

#21260 RE: marayatano #21257

I don't know what Rush will do, but with previous companies such as Motorola issuing Freescale and AT&T issuing Lucent, they do sell the fractional shares and there is tax on it. Check out these links.

http://www.motorola.com/mediacenter/news/detail.jsp?globalObjectId=4864_4154_23
http://origin.bankrate.com/brm/itax/tax_adviser/20050201a1.asp


The best thing would be a 1 for 1, in which case there would be no fractional shares. That would be very nice.