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Brookfield Asset Management Sets Record Date for Spin-Off of Brookfield Infrastructure Partners.
- Article from:
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Canadian Corporate News
- Article date:
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January 3, 2008
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Copyright informationCOPYRIGHT 2008 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Jan 3, 2008 (Marketwire via COMTEX) -- Brookfield Asset Management Inc. (TSX:BAM)(NYSE:BAM) ("Brookfield") today announced that its Board of Directors has set January 14, 2008 as the record date for the previously announced spin-off of a newly created publicly-traded partnership named Brookfield Infrastructure Partners L.P. ("the Partnership", and together with its related entities, "Brookfield Infrastructure"). The spin-off will be implemented by way of a special dividend of a 60% interest in Brookfield Infrastructure to holders of Brookfield's Class A and Class B limited voting shares as of the record date. Each holder of Brookfield shares on the record ...
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