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Cousins/Parkway deal closes

Oct. 06, 2016 9:47 AM ETCousins Properties Incorporated (CUZ) StockBy: Stephen Alpher, SA News Editor
  • The combined company now trades under the Cousins symbol of NYSE:CUZ, with Parkway (PKY) owners receiving 1.63 shares of CUZ for each share of PKY they hold.
  • The spinoff of the Houston-based assets of the combined company into New Parkway (PKY) is set to be completed tomorrow, with a special stock dividend to all CUZ shareholders paid prior to the market open.

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