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What is the cost basis for the Sara Lee spin off of Hanesbrands?
Wiki User
∙ 15y ago
You have to divvy up your 'old' basis between SLE and HBI. SLE says that a reasonable split of your old basis is 85% (to existing SLE) and 15% (to new HBI). That means if your basis was $10.00 per share, your new basis would be $8.50 for your existing shares and $1.50 for your new HBI shares. Info difficult to find, but ch-ch-ch-checkidout here:
http://www.saralee.com/~/media/6F4EC7988CF249D6975EFC782803BF86.ashx
Wiki User
∙ 15y ago
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