Bell Aliant Inc BLIAF

help please

[moloko]

If I choose to have all my BA transferred to BCE shares will I have to pay capital gains on the appreciaton of my BA shares?

And in regards to "average cost price", can I use my new BCE shares to bring my average cost price down on my BCE shares? 

That would be a double win!

[StocknerdEQcool]

What capital gains if you are going to exchange BA for BCE shares ? I would not declare anything more than losses in this scenerio ! If anything to be reported to the taxman, BCE should declare this BIG rip-off from us small BA shareholders My thought only, sorry can't see any double win here I see only a dividend loss as well.

[MOJOJONO]

Hi there, I checked out their presentation: https://www.bce.ca/assets/Events/BCE_Bell_Aliant/20140723BCEtoPrivatizeAffiliateBellAliantAnalystPresentationFINAL.pdf Page 11 mentions "Tax-free rollover election afforded to Canadian resident Bell Aliant shareholders".  It appears that you will not be taxed if you take the share exchange... might be some paper work though.  I

[moloko]

Thanks for your help, much appreciated!

[MOJOJONO]

No problem. My sentence construction was terrible mid point: " I think we would need to read the offer when it is mailed out mid-August, but " That should have been a single sentence hinting that we should wait to see the offer - in regards to the share exchange - not in regards to the average cost.

[SkyeCairns]

Any chance this deal will not get done?  Hate to see my  share price fall back to 27-28 :-(

[MOJOJONO]

Never say never... 1) BCE already owns most of it and is the parent company and they want to take the rest of BA.  News seems to indicate adding BA to BCE will be beneficial and allow for future dividend increases for BCE. Not saying to do this... but with the cash deal price @ $31, selling at these levels ($30.94) isn't a significant difference to protect yourself from that possibility