Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Stock holding or selling?
When holding stock and it goes into acquistion to another company are you forced to cash the stock in?
2 Answers
- redwineLv 61 decade agoFavorite Answer
Depends on the way the deal is structured. Some are cash buy-outs (which there have been a lot these days because of pricate equity). Others are stock for stock exchanges. The stock exchanges are usually tax-free exchanges, so there is not tax consequence from accepting the new shares. You can always sell shares before the exchange date if you do not want to own the new company, but this would cause a tax event.
