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Non-Tech : USAB - USABancShares.com
USAB 75.000.0%Dec 29 4:00 PM EST
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To: VeloSpeed who wrote (2)5/1/1999 8:07:00 PM
From: usab_long  Read Replies (1) of 2419
 
{{{{They intend to "spin-off
the web-banking as it's own
seperate operation, w/ an IPO
later this year."}}}}

If "spin-off" does happen,
what is the impact to the current
USAB shareholders?

Would existing shareholder automatic
receive proportional shares of
this new entity? or some other
arrangement? and what is?

Please advice!
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