Abbott (ABT) says the SEC has declared effective the Form 10 Registration Statement filed by AbbVie, its research-based pharmaceuticals business, clearing the way to spin the company out. Abbott expects to complete the separation of AbbVie on January 1, 2013, whereupon the special dividend, declared on November 28, will be distributed. [View news story]
Can someone tell me what will happen my stocks that I have in Abbott.? Will they be splited in half at the same price?
Abbott (ABT) says the SEC has declared effective the Form 10 Registration Statement filed by AbbVie, its research-based pharmaceuticals business, clearing the way to spin the company out. Abbott expects to complete the separation of AbbVie on January 1, 2013, whereupon the special dividend, declared on November 28, will be distributed. [View news story]
Will they be splited in half at the same price?