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How do I treat the gain from a Cash and Stock Acquisition?
BAT acquired the remaining portion of RAI in a Cash and Stock deal. As a result I received cash and shares in BAT. I was thinking I could treat it like other deals where the gain recognized by lot is the lesser of cash received or gain realized. Does this transaction qualify for that treatment and how do you reflect in TT?
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‎June 5, 2019
4:54 PM