Complex Transaction

Mar 23, 2005 1 Replies

Can anyone tell me how to handle this situation:



Toronto-Dominion Bank (TD) buys 51% of Banknorth (BNK). Banknorth to be re-named TD Banknorth and still trade as BNK.



I am a Banknorth shareholder. For each share, I am entitled to: $12.24 in cash 0.2351 shares of Toronto-Dominion with fractional shares paid at $40.522 per share, and 0.49 shares of TD Banknorth, with fractional shares paid at $31.198 per share



For 47.969 Banknorth shares, I received: 23 shares of TD Banknorth 11 shares of Toronto-Dominion $614.13



How do I enter these transactions in Quicken 2004?


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This exact scenario has already been discussed here. Do a Google search on "Banknorth".

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