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> If MSFT, does what happen to AT & T in 84', Monday or
> Tuesday should be fun.
Think again...
The chart on Yahoo is not adjusted for the 1983 divestiture.
Ticker didn't change but divestiture resulted in stock getting diluted to
28.5% of original value and the remaining 71.5% got allocated to T's
existing shareholders in the form of the 7 baby bells' stock.
>From T's InvestorRelations website: As a result of the AT&T divestiture on
January 1, 1984, AT&T shareowners received one share in each of the seven
regional companies for every 10 shares of AT&T owned on the record date of
December 30, 1983. Cash was received in lieu of any fractional share.
Gitanshu
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