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Technology Stocks : Qualcomm(QCOM) -> SpinCo
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To: pass pass who wrote (30)7/28/2000 12:09:38 AM
From: samim anbarcioglu  Read Replies (2) of 172
 
Pass,
<<, rename the old company IPO it again>>
Not at all, this is not an IPO. 90% of the Spinco shares will be distributed to the QCOM shareholders in the form of a tax free dividend. The other 10% will be sold off. Well, as a QCOM shareholder, you will also own the proceeds from that sale.
Hope this helps.
Sam A
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