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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: TIG who wrote (86141)6/26/2002 9:59:34 AM
From: JeanD  Read Replies (1) | Respond to of 99280
 
CNXT spun off part of it's biz into a new company called Skyworks (with AHAA).

Under the terms of the transaction, Conexant shareholders of record as of June 25, 2002 will be entitled to receive 0.351 of a share in the combined company and will continue to hold their existing Conexant shares. Alpha shareholders will continue to hold their existing Alpha shares as shares in the combined company.

You'd have to go through the news to see more of the details.