We have shares in Pfizer and had shares in Wyeth. Wyeth was merged
into Pfizer as follows: .985 shares of Pfizer for each share of Wyeth
plus $33 for each share of Wyeth. When the transaction was announced
the valuation was $50.19 for each share of Wyeth. When the deal
closed on Oct 15 Pfizer closed at $17.66. This change values each
share of Wyeth at $50.66. If I adjust the PFE closing price for the
.985 of a share of PFE then the $17.66 becomes $17.3951.
I am not sure how to handle the cash and stock portions in Quicken
2009. Also not sure whether the closing price for PFE should be the
$17.66 or the $17.3951. Can someone please provide detailed
instructions.
Thanks,