Jump to content

GGP spin off - Howard Hughes Co


Guest

Recommended Posts

I think he was referring to $5 in value to holders of GGP pre spin.  Old GGP shareholders get .0983 shares of Hughes (spinco) per GGP share.  This spin off caused all types of problems for me with Interactive Brokers.  They don't issue partial shares and it messed up IB's entire trading system for me.  Errors everywhere last week.

 

So $38 * .0983 is less than 5 still.

Link to comment
Share on other sites

I think he was referring to $5 in value to holders of GGP pre spin.  Old GGP shareholders get .0983 shares of Hughes (spinco) per GGP share.  This spin off caused all types of problems for me with Interactive Brokers.  They don't issue partial shares and it messed up IB's entire trading system for me.  Errors everywhere last week.

 

So $38 * .0983 is less than 5 still.

 

ahhhh. makes sense. thanks! :)

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...