tax question on spin offs and acquisitions
November 22, 2005 10:31 AM Subscribe
capital gains question about stocks that are spun off or purchased
posted by alkupe to work & money (9 answers total)
lets say i own company ABC, and am long. then ABC gets bought by DEF. So all my stock in ABC is replaced by some amount of DEF. Am I long on DEF?
Lets say DEF spins off company GHI. Am I long in GHI?