- The distribution date for the New Media spinoff will be made on or about February 13 to common stockholders of record on February 6. New Media's stock symbol will be NEWM.
- Newcastle (NCT) shareholders will receive 0.07219 shares of New Media for each share of Newcastle they own. When-issued trading commences on February 4.
- Previous coverage
- Press release
Newcastle sets New Media distribution
Jan 28 2014, 07:38 ET