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Non-Tech : Tyco International Limited (TYC)
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To: deeno who wrote (3704)1/14/2006 9:22:44 AM
From: Kal Perry  Read Replies (1) of 3770
 
split-up question - - -

How does this work. Lets say I have 100 shares of TYC. After the break-up, I'll still have 100 shares of TYC? If it is $30/share at breakup, would the post-breakup price of TYC be a fraction of $30/share ?
And then I'll also have X shares of Company-A and X shares of Company-B. Probably less than 100 shares of each - right ?
They said a tax-free stock dividend. So, the X shares of Company-A and Company-B have a tax basis of zero?
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