- The spun off company will be called New Senior Investment Group, with the distribution of shares of common stock in New Senior (NYSE:SNR) to occur on November 6. The record date is October 27.
- Newcastle (NCT) has set a conference call for 8:30 ET to discuss the spinoff.
- Source: Press Release
Newcastle sets date of senior living business spinoff
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| Symbol | Last Price | % Chg |
|---|---|---|
| SNR | - | - |
| New Senior Investment Group Inc. | ||