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onenote

(44,811 posts)

3. It's being spun off to its existing shareholders.

Reply to BumRushDaShow (Original post)

Tue Nov 19, 2024, 10:03 PM

Nov 19

It's ownership structure won't change. That's what a spin off is.
For an explanation of what a spin off is, and why spin offs happen:

https://www.finra.org/investors/insights/corporate-spinoffs

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Highlight:

Comcast will announce the spinoff of cable networks Wednesday, CNBC source says [View all] BumRushDaShow Nov 19 OP

What will happen to my happy place, MSNBC? Jit423 Nov 19 #1

Left Comcast about a yr ago when other options for internet became available. Never been happier! PortTack Nov 19 #2

I might be doing the opposite and leaving Wowway as their level communication is deplorable. cstanleytech Nov 19 #4

Thinking of dumping their cable TV tonekat Nov 20 #8

It's being spun off to its existing shareholders. onenote Nov 19 #3

Spin off to essentially to help the rich get richer? cstanleytech Nov 19 #5

This message was self-deleted by its author onenote Nov 19 #6

The spinoff will be tax free jimfields33 Nov 19 #7

AFTER a review by forum hosts LOCKING Omaha Steve Nov 20 #9

Latest Discussions»Latest Breaking News»Comcast will announce the...»Reply #3