Early Retirement & Financial Independence Community - View Single Post - What happens to the stock when one company takes over another?

roadkill · 05-09-2006, 03:30 PM

Andre1969......

In the situation you describe, you now simply own 115 shares of DIS with your cost basis equal to what you paid for PIXR. Once you sell the DIS, your gain will be computed on the PIXR cost basis......hope this helps.

05-09-2006, 03:30 PM	#3
roadkill Recycles dryer sheets Join Date: Feb 2004 Posts: 78	Andre1969...... In the situation you describe, you now simply own 115 shares of DIS with your cost basis equal to what you paid for PIXR. Once you sell the DIS, your gain will be computed on the PIXR cost basis......hope this helps.