Sekisui House, Ltd. merger with MDC Holdings (MDC) - April 2024

Sekisui House, Ltd.  completed its merger with MDC Holdings on 4/19/2024 in a cash acquisition. Sekisui House, Ltd. is the surviving company.

Shareholders of MDC Holdings received $63.00 cash per MDC share.

For MDC shareholders this is treated as a simple sell transaction.

The Sale Entry Go to Accounting > Securities > Sell

Here is the information needed for MDC Holdings shareholders to complete the merger as a sale.

  • Date: 4/19/2024
  • Select Security: MDC Holdings
  • (MDC) Shares Sold :  Sell all shares owned. Use the Sell All link to include all MDC shares owned. This link is especially helpful if fractional shares were owned.
  • Sale Total :  $63.00 x (# MDC shares owned)
    • For example, if you owned 100 MDC shares, you enter 63.00 x 100 = 6300.00 If your broker charged a reorganization fee, decrease the Sale Total by the amount of the fee or enter the fee amount in the Commission and Fees field.

Save the transaction and the sale/merger is entered.