A spin-off is a dividend of the shares of a sub to
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A spin-off is a dividend of the shares of a sub to the shareholders of the parent.
He decided not to do a spin-off and sold the sub to another company - Avant.
Do you think we will not get a dividend/shares in AVDX anymore because its a merger and not a spin-off what he originally wanted to do?
I just read an interesting link (thanks Trojan!) that it is possible that AMBS can still reward shareholders with a dividend of shares.
They have 80million shares of AVDX and they can reward loyal shareholders with an amount of their choosing.
The artikel confirms the idea i'm suggesting.
http://finance.yahoo.com/news/arrayit-corpora...00876.html