RE:Pay Capital Gains on Cash offer...why
He Ariahp. If you take BF shares and then sell them you will pay capital gains on the sale.
BF shares will reflect your cost of IPL shares. Either way if you take tehe cash offer or the BF stock offer and sell the stock, you will pay full capital gains.
The only way to avoid capital gains is if:
1. PPL deal wins and you don't sell the shares (not likely to happen now)
2. IPL rejects both PPL and BF offer and you keep your IPL shares (not likely with the break up
fee)
I sold my IPL shares in my registered and tax free account so I'm not concerned with this.