- In addition to a bit of excitement around New Residential this afternoon, another Newcastle Investment (NCT +1.2%) spinoff, New Media (NEWM) began when-issued trading last week at $11 per share and is up to $14.05. The actual spinoff date is February 13.
- To review: Newcastle owners get 0.07219 shares of New Media for each share of Newcastle they own.
- New Media S-1
From other sites
at CNBC.com (Jun 11, 2013)
at CNBC.com (Mar 1, 2013)
at CNBC.com (Aug 8, 2012)
at CNBC.com (May 15, 2012)
at CNBC.com (Dec 21, 2011)
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