News Focus
News Focus
icon url

wallstarb

12/15/10 2:12 PM

#110957 RE: mcbio #110956

It's the closing date - not when you tender your shares. When you deliver the shares and get the cash is when it becomes a taxable event. Right now it's just an accepted offer, similar to a real estate transaction - its the close date when cash and property (equities in this case) are exchanged.
icon url

ghmm

12/16/10 5:54 PM

#111013 RE: mcbio #110956

CYPB PR mistake (flaw) was they had a link for Cypress semiconductor http://www.cypress.com/ instead of Cypress Bioscience, http://www.cypressbio.com/ in the release.