- E-House (NYSE:EJ) owners will receive 0.05 shares of Leju Holdings (LEJU) for each share of E-House they own.
- The distribution date is January 15, and E-House's stake is Leju will slip to about 70% from its current 75%.
- The distribution will be characterized as a taxable dividend for U.S. tax purposes.
- Source: Press release
E-House details partial spin of Leju Holdings
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Symbol | Last Price | % Chg |
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EJ | - | - |
E-House (China) Holdings Limited |