Unfortunately the cash offer makes no difference in terms of your tax liability. That is the unfortunate situation with these takeovers - you simply cannot time and optimise your the trigger point for capital gains. That is simply how it is if you want to invest in listed companies. I own some DLX as well which is being taken over. Was hoping to hold on to it forever and not pay capital gains tax.
HSO Price at posting:
$2.45 Sentiment: None Disclosure: Held
