- Ashford Trust (AHT +0.5%) announces the commencement of trading of "when-issued" shares of spinoff Ashford Prime (AHP). The spinoff itself will be completed through a dividend of Ashford Prime common stock at the close of business on Friday, with each owner receiving one share of AHP for every five shares of AHT they own.
- Press release.
"When-issued" trading of Ashford Prime begins
Nov 6 2013, 10:34 ET