NetAcquire Tips

Unable to designate individual shares during merger

When a merger takes place and you own more than one share of the property being merged (not surviving), you can't specify the individual number of shares to trade, sell, and hold. There is a button on the right to designate ALL of your shares for one of those three actions, but the up/down arrows to specify individual share allocation are not present. However, you can split the shares using the all button. For example, if you have an odd number of shares and you press the "Trade All" button (assuming there are shares left for you to trade), you will be left with one share in your hold box and the remaining in the trade box. If you then press the "Sell Remaining" button, you can sell that last share.

by Unknown on 2009-07-17 11:30:31
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