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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Richard Barron who wrote (1426)8/3/1999 2:02:00 AM
From: Tony Joines   of 2561
 
While on the subject of health care etc., had you seen
this news item? HRP intends to spin off its senior housing &
health care properties into a new reit, 'Senior Housing
Properties'.
1 new reit share for every 10 HRP, probably in September.

biz.yahoo.com

I wonder if this spin-off will behave like many others
and plummet in price initially, recovering later.
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