Anybody have info on capital return plan due us shareholders this fall.
I know it was reduced from 4 to 1 billion pounds months ago.
Unless I overlooked it, nothing about distribution is on their company website.
Adkerson should be kicked out the door.
He's close to 70 years old and is most likely the worse CEO in the USA.
Is it true that this guys compensation was 40 million last year?
Merck.....buyout of AZN?
Dream on dude.
Nobody wants to go near AZN as long as your boy Soriat is on the premises.
" My contention is that Pfizer will be coming back for AZ".
Yeah O.K. Keep running with that.
Reading between your lines seems to me you're down plenty here. Hope I'm wrong.
Me, I'm a Pfizer holder and would like to see a Bristol Myers hookup.
I don't agree.
Pfizer's done with AZN.
The tax incentive is gone courtesy of the U.S Treasury.
Big shareholders behind the scenes didn't like the price tag and to round it off, your CEO would have lost his job.
Pfizer doesn't keep CEO's of other companies and Soriat would have been shown the door.
My understanding is this will be completed in early 2015.
But what I don't know is will we receive shares in this new company?
Beg to differ,pat
We need leadership, period.
There's no leadership in the White House.
I've been around since FDR and the guy in there now is a bad joke.
Thanks for the reply.
I don't intend on selling my LO shares pre or post merger.
I just don't want to find out that I have a $100,000 or so capital gain on my own money.
I've been involved in several takeovers or mergers in 30 years but all of them were carry-overs with no capital gain tax. and the companies always posted information so you could make your own decision. With this one, there's no information posted. And I'm not interested in calling investor relations and getting information from a temp warming the seat.
I did read your earlier stuff. And others also. But no clear answer yet.
No problem with paying gains tax on my 2000 shares I own now if I sell before the merger.
My issue is this:
If I hold when RAI gets in the picture and they give us $50.50 in cash for each share, will that be treated as a carry-forward or will we be liable for a massive capital gain tax since this is not a spinoff.
RAI is a different company.
I admit not to be the smartest guy about this.
But if something was posted on their homepage about this, it would be a lot clearer to me.
I went over to LO's website and accessed investor relations.
I read a long drawn out explaination about the merger and how great their products are and how this will benefit all the shareholders.
But not one word about how this will be treated tax wise.
Maybe they don't know themselves.
If there's capital gains on my own money, I'm bailing before this merger takes effect.
I own 2000 shares of LO.
If and when this process is completed and we receive $50.50 per share from RAI plus the .30 share, is there a capital gain tax on the $50.50 or is it just the return of our money?
Maybe someone smarter then me knows the answer.
big.........your response to hard has got to be the stupidest moronic msg I've ever seen printed.
Get out of the basement, dude.
Where's the bad news?
Appreciate your quick reply.
I think others also had questions about receiving shares in something.
Now if we can get the Street to realize what you said.
I hold 1000 shares of DVN and besides what I've read about XTXI and DVN merging some assets, I still don't get it.
Will DVN issue shares in the new spinoff?
Will we get shares in a MLP?
Will we get XTXI shares?
Or does anyone know yet how this will pan out?
Maybe someone smarter than me can answer these questions.
We don't need a lawyer running a drug company.
It's insanity to have this man as CEO.
I don't usually write about management but Merck's performance this year I lay at the CEO's door.
Spinning off the Animal Health and the Consumer Products businesses would be as Icahn often mentions (a no-brainer).
These divisions have no place in a drug company. That's MHO.