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Guru_Guy
Guru_Guy, Lawyer (JD)
Category: Tax
Satisfied Customers: 2418
Experience:  I am a lawyer who understands tax law and finance.
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IS SOUTHWESTERN BELL STOCK STILL GOOD

Customer Question

i have the stock in my folder is it good .
Submitted: 10 years ago.
Category: Tax
Expert:  Guru_Guy replied 10 years ago.
Hello,

Southwestern Bell Corporation changed its name to SBC Communications. It then aquired AT&T and in 2005 began using the AT&T name. If you are holding shares, they should be exchangeable for AT&T shares. You should take the shares to any stock broker who can exchange them for shares in the newer company.

I hope this helps!