Funds that are sold to another company

Mar 10, 2005 2 Replies

I have a how-to question. My Safeco fund was sold to Pioneer Investment Company last year. As a result, a tax-free reorganization occurred. My question is: How do I record this in Quicken 2005 and still retain the original cost basis?



Now, I have seen similar questions posted on this forum, but have not yet seen a definitive answer. People seemed to go on a tangent about other issues. So, I have one small request: Please only post answers directly related to my question. Thanks in advance.



Does it work to just rename the account that holds the shares?

Beggars can't be pickers.

The ratio of shares are different now. I'll try what Mike B suggested: Corporate Acquisition and see if that'll work. Thanks Mike B.

Ron

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