 jester121
join:2003-08-09 Lake Zurich, IL
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| reply to funchords Re: Verizon DSL vs Verizon FIOS
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. |
  funchords Hello Premium,MVM join:2001-03-11 Washington, DC
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| reply to jester121 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. |