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It means if you were a shareholder of Wiz, you will have cash in your checking/savings account within few days and you will no longer have the shares.



What if I don't want to pay capital gains?


There's going to be teams of lawyers and financial managers that will guide that money into various financial structures and / or shell companies so that none of it shows up on the records used to calculate that.


Then you should not have owned assets that someone else had the power to sell.


For example: any publicly traded shares.

I have had shares that are 1. force sold, 2. shares that were force split into two companies and 3. shares that are force acquired so they become another companies shares.


Lol coincidently had some publoc traded shares force sold last month. Didn't realize (they didn't send me an email). I have a weird ability to pick these kinda stocks! Unfortunately it hasn't been a profitable strategy.




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