fickle wrote:I am inclined to think there are too many risks and unknowns for me to be hanging on to 1/7 of my portfolio just to hope I can get a better price in the next couple of years.
However, owning JEF is clearly a high risk, anxiety-producing situation for you.
fickle wrote:baw703916 wrote:I'm pretty sure the merger will be a taxable event for you (at least, that was the case for every individual stock that I ever owned that ended up being a merger target).
The information to shareholders regarding the merger should say if it is a "taxable event". I'm assuming it is, but you should verify this.
In this case it is a not, but the point is moot, as I have decided to sell off before the merger. This has been a fairly juicy tick hanging off my dog, but it is bigger than the dog's back leg now, and surgical intervention is needed. I thank you all for standing by while I chewed my hankie. No hankies were harmed.
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