Just heard it on Squawk on The Street.
when that dividend is paid out and TWX spin off the its 86% to the shareholders do you think the pps could drop to $20 or less a share? Big dilution with all those shares will hit TWC pps hard.
Is that what the dividend is???Gadzookes!!!!.This shouldn't lower the stock $10.27 since this is in lieu of the 10 to 1 Class B conversion ....Right????
"I redact that" - to quote Dwight SchruteLooks like this thing will be taxable and lower the price.
Why is TWC only up 3% then? Doesn't add up...
...my first thought it will be to shareholders of record on a date that has already passed....that or the share price will drop $10...just thinking out loud