What to do with sTec stock after it was acquired (Cash buyout)# Stock
h*b
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sTec shareholders will receive $6.85 per share. As a sTec shareholder who
bought at $30, should I sell or wait to receive the $6.85?
If I receive the $6.85, I take a loss but I need to pay tax on the cash
buyout, right?
If I sell it now, I take the loss, but the loss is tax deductible, right?
What should I do?
Any suggestions and advice?
Thank you!
bought at $30, should I sell or wait to receive the $6.85?
If I receive the $6.85, I take a loss but I need to pay tax on the cash
buyout, right?
If I sell it now, I take the loss, but the loss is tax deductible, right?
What should I do?
Any suggestions and advice?
Thank you!