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Handling a company spin-off

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Posted by Alec Wilkins on February 25, 2001 at 15:42:54:

Is there a "best way" of handling the situation where a company spins off part of itself into a new listed company then issues its shareholders with shares in the new company as a return of capital ie 1 share in the new company for every 3 shares held in itself. Also how should the new company shares be taken up to give proper yield results etc.etc.


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