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Corporate merger Energy Transfer Partners and Sunoco Logistics Partners Quicken 2017
On 5/1/17 Energy Transfer Partners acquired Sunoco Logistics Partners and also issued 1.5 shares of of Energy Transfer Partners under the same symbol as previous entity Energy Transfers Prtnrs LP Unit LTD Partn (ETP) Since I owned the old partnership how to account for the incr in ETP shares (specifically from 612 to 918 shs) reported by my broker Oppenheimer & Co. Secondly received equal no. of shares in ETP for all previously exiting shs of Sunoco Logistics Partners (SXL) (specifically 2,523 shs out of SXL and into ETP). Are both treated as corporate acquisitions in Quicken, one with 1:1 and second with 1:1:5 shares and the elimination of the old ETP and SXL shares.
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