Silicon Motion Inc. (SIMO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 91.00

+0.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy who wrote (2532)	5/7/2022 12:20:03 PM
From: Paul Senior	Read Replies (1) of 2979

I am disappointed in myself that I can't answer your question. I would've expected that with all the buyouts I've experienced over the decades, that I would come up with an answer. Anway, I looked through the interenet and there are some examples -- I didn't see anything specific to a merger with large cash component, small stock component. I'm wondering why I don't ever recall seeing this as a problem for me. Perhaps: 1. I sold the taken-over stock before completion of deal, or maybe near deal closing as the spread got miniscule. 2. If I kept the acquirer's stock, either Turbotax walked me through the steps (unlikely) or as deal approached closing, many people on stock threads asked how to handle the tax issue, it was answered by some, and I just took what seemd reasonable to me and somehow entered the numbers into Turbotax 3. I held the stock in tax-deferred account (e.g. SIMO here), so there's no tax consequence from the deal. 4. Perhaps I did have some problems/concerns about handling the transaction when I kept the acquiring company stock, but I'm so old I can't remember anything -g-.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next