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What is the “fair market value” of Virtus common stock to determine tax obligations?

April 26, 2017common stock determine market obligations tax virtus

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What is the “fair market value” of Virtus common stock to determine tax obligations?

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The fair market value of Virtus common stock is $9.52. This figure was determined by calculating the volume-weighted average price of Virtus common shares on the first five trading days (January 2, and January 5-8).