Q: I currently hold TCN in my US account to get the dividend in US dollars. Today I noticed TCN was listed as a CDN holding in my US account. I phoned TD to find out why and they informed me that TCN was delisted in the US. My understanding is that Blackrock offered 11.25 US a share for the takeover. So does this mean I will only be paid in Canadian dollars in my US account and then I would have to pay exchange fees to US dollars. Confused
5i Research Answer:
We do not think investors should have to pay f/x fees here if the stock was held in a US...