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Article: The Dial Corp announces stock trading details; Spin-off of consumer products group due Aug. 15.
- Article from:
- Business Wire
- Article date:
- August 2, 1996
CopyrightCOPYRIGHT 1996 Business Wire. 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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PHOENIX--(BUSINESS WIRE)--Aug. 2, 1996--The Dial Corp (NYSE:DL) provided details Friday regarding the trading of Dial stock with the pending spin-off of its consumer products group.
In February, Dial announced that it is separating into two publicly-traded companies, one comprised of its well-known $1.5 billion consumer products business, the other its $2.5 billion services business, including airline catering, convention services, and leisure and payment services.
Starting Monday, Aug. 5, there will be three listings on the New York Stock Exchange for Dial stock, leading up to the distribution date of Aug. 15, 1996.
The Dial Corp will trade "regular ...