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Der Papierhersteller "International Paper Company" (ISIN US4601461035) spaltet seine Vertriebssparte "xpedx" ab. Zunächst wird die Sparte mit "Unisource Worldwide, Inc." fusioniert, anschliessend wird der Name in Veritiv Corporation geändert. TORONTO—xpedx, and Unisource Worldwide, have chosen the name Veritiv for the distribution company that will be created when their merger is complete. The name Veritiv comes from the roots of three words: “verity”, meaning true, and “active” and “connective”. Common stock of the new company is expected to trade on the New York Stock Exchange under the symbol VRTV. Quelle: printcan.com The International Paper board of directors has declared a pro rata distribution to International Paper shareholders of 8,160,000 shares of Veritiv common stock, representing all the shares of common stock of Veritiv outstanding prior to the merger. The distribution is subject to the satisfaction or waiver of certain conditions. Each holder of shares of International Paper common stock outstanding as of 5:00 p.m. New York City time on June 20, 2014, the record date set by International Paper's board of directors, will be entitled to receive a number of shares of Veritiv common stock on the distribution date, July 1, 2014. Based on the number of International Paper shares currently outstanding, the distribution ratio is expected to be approximately 0.0188 shares of Veritiv common stock for each share of International Paper common stock. Quelle: finanznachrichten.de |
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