What are the tax consequences for former Western Gas Resources stockholders?
Stockholders are urged to consult with their tax advisors regarding the personal tax consequences of the acquisition, including the effects of United States federal, state and local, foreign and other tax laws. Generally the receipt of the cash payment for each share of common stock will be a taxable transaction for U.S. federal income tax purposes. In general, each stockholder will recognize a taxable gain or loss in the amount of the difference between the merger consideration and the stockholder’s adjusted tax basis for each share of Western Gas Resources common stock the stockholder surrenders.
