Seeking Alpha

Northstar spinoff to take place on June 30

  • NorthStar Realty Finance (NRF) owners will receive shares in NorthStar Asset Management (NSAM) on a one-for-one basis and trading in NSAM will begin on July 1.
  • Alongside the distribution, NRF is effecting a 1:2 reverse stock split.
  • Source: Press Release
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