Prologis completed its merger with Duke Realty on 10/3/2022 for 0.475 shares of Prologis stock for each DRE share.
The Form S-4/A SEC filing for this merger can be found through the SEC EDGAR web site at:
https://www.sec.gov/Archives/edgar/data/1045609/000110465922084260/tm2220573-3_s4a.htm#tMUSF1
Resolution:
The companies plan to structure the merger so it is a non-taxable event. We will assume they are successful and will treat this merger as a simple merger. The information below is based on the information available from a form S-4/A filed with the SEC. Price information is from websites offering historical prices.
NOTE: The companies state they will endeavor to satisfy the conditions necessary to make this transaction non-taxable. However, there is the possibility the IRS will disagree with their characterization. These instructions assume the companies succeed in their efforts. New instructions will be written, if and when it becomes known the merger should be treated as a taxable event.
The Merger Entry Go to Accounting > Securities > Record merger of securities in myICLUB. If you are unfamiliar with merger transactions you can get help at this URL: http://www.iclub.com/support/kb/default.asp?page=normal_merger
Here is the information needed for Duke Realty shareholders to complete the merger.
Save the transaction and the merger has been entered.