04Feb What was the corporate action for SBC Communications on Oct 12, 1999 that resulted in additional shares?
Roel V asked:
There was a corporate action on Oct 12, 1999 that resulted in additional shares for the stock holders as well as cash in lieu. Does anybody know the exact details, especially the split ratio? 1 for ???
There was a corporate action on Oct 12, 1999 that resulted in additional shares for the stock holders as well as cash in lieu. Does anybody know the exact details, especially the split ratio? 1 for ???
Tags: corporate
February 6th, 2009 at 7:40 am
SBC acquired Ameritech in that month.
As a result, Ameritech shareholders received 1.316 SBC shares for each share of Ameritech they own.
Hope that is what you had in mind.