funchords
Hello
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join:2001-03-11
Washington, DC
 ·Verizon Online DSL
 ·Skype
| reply to jester121
Re: Verizon DSL vs Verizon FIOS
said by jester121  :It wasn't a merger OR a spin-off, but rather a combination of the 2. In your own quote Rob, Thanks, yes, that's valid. |
jester121
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join:2003-08-09
Lake Zurich, IL
 ·surpasshosting
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| reply to funchords
It wasn't a merger OR a spin-off, but rather a combination of the 2. In your own quote Rob,
Under the terms of the previously announced transaction, AT&T has spun off
AT&T Broadband and combined it with Comcast. As a result, AT&T
shareholders are entitled to receive 0.3235 shares of the new Comcast
Corporation Class A common stock in respect of each share of AT&T common
stock they owned at the close of business on Friday, November 15, 2002, the
record date for the spin-off, and will continue to hold their shares of AT&T
common stock. |
