From what I've understood (correct me if I'm wrong):
-In any case you have time to sell your shares as usual if you wish so, the price won't move much. It's a good deal because the price has gone up.
-If you keep your shares, they will automatically be converted to cash when the buyout actually takes place.
This is where I'm not sure:
-There may be an option to convert one's shares into the new company's shares, depending on the terms of the deal (?)
->If this is correct,
1) How do you convert the shares?
2) Obviously it's impossible to have the exact same amount of shares for the same amount of money for the shares of two companies, what happens to the difference (i.e. it's impossible to have let's say exactly 30 shares of company A be worth exactly 10 shares of company B)
3) If you do so this there's no capital gains tax on this, right? Since it's not selling.
Kind of a noob question but I've never encountered this situation so I'm not sure how it works in practice. Thanks.
Submitted June 11, 2017 at 04:12AM by Dotald_Trump http://ift.tt/2r7nwgM
