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To: OFW who wrote (803)1/10/1999 10:46:00 AM
From: equalizzer  Respond to of 1530
 
As far as I know the taxable event occurs in the case of a cash buy out if there is a capitol gain.

Where a buy out involves a stock for stock transaction then there is no taxable event until you sell the new share of stock. This presumes that when you sell the new share that there has been a profit realized.