mh,
according to the portfolio manager (whose port. I pick stks to buy from) on
'the street.com' re: altria (mo) the spinoff is 1 for 1 with phillip morris
int.(pm) taking 69.5% of your original cost basis and altria (mo) will
represent 30.5% of your original c.b. i.e: 100 shares of mo (original) would
spinout to:
100 phillip morris international at 69.5 %
100 altria at 30.5 % =
200 shares total (100 each) =100 % of your original
cst. basis


"MH" wrote:

- quote -

Altria - Philip Morris

How do I enter the spin-off of these 2 companies? What is the percent cost
basis of each company in a 1 to 1 spin-off?