All Avaya Stock Sold on October 26, 2007 in Avaya Merger with Siver Lake

Report Avaya Sale on 2007 Tax Return

The Avaya merger is not tax - free.  The Avaya sale will need to be reported on Form 1040, Schedule D for individual taxpayers. To do this, you will need to cost basis (or stock basis).

Reported 6/5/07:

On June 4, 2007 Silver Lake and TPG Capital LLC agreed to purchase Avaya.  This deal was completed around October 26, 2007.

Most deals with AT&T and the AT&T "family" were tax-free exchanges.  This is NOT the case with the Avaya deal.

Shareholders of Avaya should receive $17.50 per share.  Thus, for most shareholders, this will result in either a capital gain or loss.  To determine the gain or loss shareholders will need to determine their cost basis (tax basis).

The AT&T tax cost basis can most easily computed using the AT&T Divestiture Basis Tracker. You can easily order that program by clicking on the below  "Get the Software" button.

Order & Download Now! Special discounted price through 12/4/2021 $79. Regular Price $119. (3,011 KB Approx. 3 minute download [broadband]). Order licenses for additional machines.

Get more information about the AT&T Divestiture Basis Tracker.

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