Quote:
Originally Posted by mikephx85072
Is my acquisition date for capital gains purposes July 2010 (long term) when I bought the original stock, or August 2013 (short term) when I acquired the stock of the new company?
Thank you. |
I guess aug 2013; the acquiring company will usually offer you an offer ,either in stocks of the newly-combined company, or in cash. Usually, the shareholders of the acquired company profit out of the deal, as the acquiring company typically pays a premium to acquire the company.