SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (3457)12/6/1999 2:35:00 PM
From: Robert Sheldon  Respond to of 15615
 
The spin off would probably be set up so that a portion is sold to the public (say 10%-20%) and then a year later the rest (save for a position for GBLX to maintain control) is "given" to shareholders.



To: JDN who wrote (3457)12/6/1999 8:01:00 PM
From: N. David Lessani  Read Replies (2) | Respond to of 15615
 
At any rate, if Global center go IPO, Parent Company (Also called insiders) will own probably 90% of outstanding shares of this new company like all IPO come to the market recently. We the share holders of GBLX will own part of this new company as well. This will increase shareholders value. If I am wrong ,please someone correct me.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News