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Campbell Soup Company Message Board

  • makingdoe makingdoe Mar 13, 1998 10:46 AM Flag

    i think i got it!!! answer to my own me

    you get 1 vlassic share for every 10 you have of cpb.
    if you have 100 cpb shares, that means you get 10 vlassic
    shares.
    ir at cpb said vlassic priced at 22. so, if you have 10 shares at 22 that vulue is 220 dollars.

    that (small ) amount is about the difference of what the cpb shares versus cpb when issued shares are currently priced, if you had 100 shares and lets say you paid 55 per share for them.

    so, the when issued price must be the post spinn off price.

    i just thought the difference would be more.

    does this sound right?

 
CPB
60.63-0.28(-0.46%)10:34 AMEDT