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View Full Version : ABC Radio Spinoff Stockholders Mailing



lindique
06-08-2007, 06:43 PM
I recently received a very large booklet explaining the spinoff of ABC radio.

Does anyone have an opinion on how this will affect our stock? And what are we supposed to do with the additional shares of the new company when we get them?

cgriff
06-08-2007, 08:31 PM
More than a couple pages of legalese and my head starts spinning! I can't be of much help to you, as I am due only a fraction of 1 share of the Citadel Networks stock under the deal!

cgriff

PAYROLL PRINCESS
06-10-2007, 09:42 PM
I haven't even gotten anything about this. Do you have to have a certain number of stocks before it affects you?

Cinderelley
06-11-2007, 01:27 AM
What DH told me is that it won't affect the Disney stock at all. If you'll only be getting a fraction of a stock, I believe they will just be sending you $$.

MMouse6937
06-11-2007, 12:19 PM
My understanding is that it won't affect your disney stock at all. You should be getting a certain about of shares of Citadel as part of the deal. I own about 5 shares of stock so not sure what that means in nitty gritty numbers, but basically it won't affect what we have right now at all.