Exchangeable vs. Nonexchangeable?At this point our shares do not appear to be exchangable as I understand the deal. If true that means our shares will be deemed sold when (if) the transaction occurs. For some that will be a sizeable tax bill and preclude an equal investable amount in FLTR. Nevermind the hassel of finding a broker to facilitate LSE trades.
Now if the transaction could be deemed a trade in kind...