How to handle Salesforce (CRM) acquisition of Slack (WORK) in Sharesight?

Managing trading & investments
1

According to the announcement, Slack (WORK) shareholders will receive $26.79 in cash per share and 0.0776 shares of Salesforce (CRM) common stock for each Slack share. To record this in Sharesight, follow the steps as below;

  1. To add that cash per share, create a ‘Return of capital’ trade in WORK.
  2. Then use the merge feature to convert WORK to CRM based on the ratio above.
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