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What happens if a company in the portfolio is merged or acquired by another company?

April 26, 2017acquired COMPANY happens merged portfolio

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What happens if a company in the portfolio is merged or acquired by another company?

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If the acquisition or merger is in exchange for stock, you will receive your proportionate share of stock in the new entity. For cash transactions you will receive your share of the cash, or it will be reinvested if you have chosen dividend reinvestment.