Thebossrf --
We can provide you a range in which the stock traded that day. If
you're seeking a valuation for tax purposes, generally the IRS will
accept the closing price as close enough for valuation estimates.
The New York Times on April 7, 1998 has Vlasic Foods trading in the
range of 21 5/8 - 23 ¾. The stock closed at 22, off 15/16 for the
day.
For valuation purposes, the 219 shares could be estimated to be worth
$4,818 or $22 per share. However, if you can get the records from the
brokerage house that conducted the trade, you can ADD the cost of the
stock commissions to your basis price (and of course get the actual
price of the stock purchased).
The 12-month trading range on the NYSE was 21 3/8 - 27.
The following background information is taken from the company's last
annual report for FY 2001:
"Vlasic Foods International Inc. was created through a
tax-free spin-off of various food businesses from Campbell Soup
Company on March 30, 1998.
The Company and its United States operating subsidiaries voluntarily
filed for bankruptcy protection on January 29, 2001. During April
2001 and May 2001, all businesses of the Company were sold. No
operating businesses remain."
SEC Edgar
Vlasic Foods FY 2001 Annual Report/Form 10-K
http://www.sec.gov/Archives/edgar/data/1056312/000089322001500875/w54344ae10-k405.txt
The Vlasic-branded products in the market are now owned by H.J. Heinz.
Google search strategy:
For this search, I used the NY Times from April 7, 1998. The NY Times
is available at many public libraries online via the Proquest
Historical Newspaper collection. The NYSE listings start on page D14
of that day's paper, should you need to acquire and print a copy for
your tax records.
There are some resources for looking up stocks that are no longer
traded, but you'll need to know the stock symbol for Vlasic (NYSE:
VL):
Big Charts
"Historical Quotes"
http://bigcharts.marketwatch.com/historical/
Yahoo also allows one to look up historical stock quotes on its
Finance site, but it requires registration:
Yahoo Finance
http://www.finance.yahoo.com/
In the Yahoo case you start by requesting a CURRENT quote for a stock
symbol, then once it's returned there's a menu allowing you to pull up
a HISTORICAL quote.
Best regards,
Omnivorous-GA |
