Tada - if RVX is ultimately sold for a cash/stock swap, do you happen to know what the CG tax implication (in Canada) is to the RVX shareholder that has now acquired stock in the acquiring company?  Is there a deemed disposition of RVX stock even though you wouldn’t actually receive any cash until you sold shares of the acquiring company’s stock?  I understand that there will be an immediate CG tax implication for that portion received in cash, just not sure about the share portion. If it is possible to defer tax on the share portion until you actually sell those shares of the acquiring company that would be attractive in terms of helping to mitigate the tax impact in the year RVX was sold.

Purely hypothetical at this stage of course but I’m nonetheless curious.  It would certainly be a factor to consider if we are all fortunate enough to be in that position down the road.

Thanks in advance.