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Pawche  
#1 Posted : Thursday, July 22, 2021 5:53:04 PM(UTC)
Pawche

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Siemens Healthineers completed its all cash acquisition of Varian Medical Systems on April 15, 2021. Varian shareholders received $177.50 per Varian share in the merger. As an all-cash transaction, treat this as a Sell transaction in the accounting software. The sale proceeds should = 177.50 x (# of Varian shares held). If you were charged a reorganization fee, or other commission/fees, remember to include the sum of all commissions/fees for the sale. The net proceeds should = Sale proceeds -(sum of commissions and fees).
Russell Malley

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