Merger/Acquisitions
Mergers and Acquisitions are a large part of the corporate finance world. Practically every day, Wall Street investment bankers arrange merger and acquisition transactions, bringing independent companies together to form larger ones.
Note: the Factor is the number of the new symbol's shares/contracts for each one share/contract of the old symbol.
How to Register a Merger/Acquisition
Step 1: Navigate to the Audit / Corporate Actions page.
Step 2: Select action: Merger/Acquisition.
Step 3: Enter in the Old Symbol, New Symbol, Factor and the Action Date of the last date the old symbol traded.
Click the Preview button to review and confirm changes.