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Technology Stocks : ACX Tech -Coors- Graphic Pkg (NYSE:GPK) -- Ignore unavailable to you. Want to Upgrade?


To: kinkblot who wrote (11)12/26/1999 11:30:00 AM
From: kinkblot  Read Replies (1) | Respond to of 27
 
Coors Spin-off Coming to a Head

electronicnews.com

The ratio is one share of CoorsTek (formerly Coors Ceramics) for every four shares of ACX stock owned as of December 17. The new shares will trade on the Nasdaq under the ticker symbol CRTK.

There were 28.5M basic shares outstanding as of December 13, so approximately 7.1M CoorsTek shares should be distributed in the stock dividend on or about December 31. Trading will start the next week.

Maybe it will be a stock for the new millenium.

WT