As a Disney shareholder, due to the spin-off and merger of ABC Radio and Citadel Broadcasting, I now own shares of Citadel. Does anyone know how this works? The letter indicated there would be no tax consequenses, but what happens if I sell the stock? Is it then 100% taxable? So does it matter what the price was when I aquired it? Nowhere on the letter does it have a share price. I didn't know anything about this happening, so it was an interesting surprise in the mail today.
Drince88
06-26-2007, 03:56 AM
I think Mark and Mike talked about it on a podcast a while back (I'm WAY behind in my listening, so I know it was at least a month ago). You might want to check the show notes (particularly for the news feed) to see if they're mentioned so you know which one to listen to.
Niwel
06-29-2007, 10:32 PM
Well, that's 5 more dollars I have in my pocket. :)
bellefan
07-02-2007, 12:54 PM
Well, that's 5 more dollars I have in my pocket. :)
Wow! You hit the Mother Load! My check was for $.29 :(
I think Mark and Mike talked about it on a podcast a while back (I'm WAY behind in my listening, so I know it was at least a month ago). You might want to check the show notes (particularly for the news feed) to see if they're mentioned so you know which one to listen to.
I did check the show notes and wasn't able to find anything (I'm also very behind in my listening). Perhaps Mark could chime in here and point me in the right direction?
Mark Goldhaber
07-03-2007, 08:38 PM
I did check the show notes and wasn't able to find anything (I'm also very behind in my listening). Perhaps Mark could chime in here and point me in the right direction?
[Chime! and point (http://mousepad.mouseplanet.com/showthread.php?t=71701)!] ;) :D
Thanks, Mark! And the musical accompaniment was nice too!