In June of last year Agere Systems Class A common stock did a reverse split
1:10 and then did away with class A and moved all positions into Agere Systems Inc. (new company)I can see how to do a reverse stock split but then it becomes a new named stock. Do I sell it out of Class A and buy into Agere Systems Inc?
Can anyone help me with this?
Quicken windows 2005
Double check the "Tax Info" that should have been provided by Agere ... but it's almost certain that the switch from the Class A to Agere was tax-free.
Take a look at the "Corporate Acquisition" transaction.
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