@Andrew, random question on CVRs - how are they taxed? So as a hypothetical if I bought the ALIM immediately before closing would the base 5.50 would be taxed as short term gains? and the CVR that sits in an account for a year or longer as long term gains? Just curious. Thanks!
Thanks for the write up! You added a lot of value above the Matt Levine mention which is pretty rare / hard to do!
@Andrew, random question on CVRs - how are they taxed? So as a hypothetical if I bought the ALIM immediately before closing would the base 5.50 would be taxed as short term gains? and the CVR that sits in an account for a year or longer as long term gains? Just curious. Thanks!
I'm not a tax advisor so I cannot answer that; however, I believe most deal proxies with CVRs include some guidance around that. sorry