ICLUBcentral - Transactions

Unusual Transactions - Spinoffs, Mergers, Splits, and Others

How to do a normal merger
How to do a normal spinoff
How to do a normal split
How to recognize an unusual transaction

Spinoffs

Mergers

08/17/2005 - Nextel (NXTL) and Sprint (FON) - name change to Sprint Nextel, ticker symbol change
10/10/2005 - Electronic Boutique (ELBO) and Gamestop (GME) - Merger with extra cash
11/18/2005 - AT&T (T) and SBC Communications (SBC) - name change from SBC to AT&T, ticker symbol change
12/30/2005 - MBNA (KRB) and Bank of America (BAC) - Merger with extra cash
02/01/2006 - DRS Technologies, Inc. (DRS) and Engineered Support Systems, Inc. (EASI) - Taxable merger
03/30/2006 - Burlington Resources, Inc. (BR) and ConocoPhillips (COP) - Merger with extra cash
04/21/2006 - Guidant Corp (GDT) and Boston Scientific (BSX) - Taxable Merger
07/12/2006 - KCS Energy, Inc. (KCS) and Petrohawk Energy Corporation (HAWK) - Merger with extra cash
07/24/2006 - Golden West Corporation (GDW) and Wachovia Corporation (WB) - Merger with extra cash
11/21/2006 - VeriFone Holdings, Inc. [PAY] and Lipman Electronic Engineering LTD [LPMA] - Taxable merger
12/01/2006 - Alcatel [ALU] and Lucent [LU] - Normal merger
12/01/2006 - Capital One Financial [COF] and North Fork Bancorporation [NFB] - Three different possibilities, depending on your election choice
03/22/2007 - CVS Corporation [CVS] and Caremark Rx,Inc. [CMX] - Merger With Additional Dividend
04/02/2007 - LSI Corporation [LSI] and Agere Systems [AGR] - Merger with extra cash
05/15/2007 - TALX Corporation [TALX] and Equifax Inc. [EFX] - Two different possibilities, depending on your election choice
07/01/2007 - Bank of New York [BK] and Mellon Financial [MEL] - Two possibilities, depending on which company the club held stock in prior to the merger
10/24/2007 - Cytyc Corp. (CYTC) and Hologic Inc. (HOLX) - Merger with extra cash
10/24/2007 - A.G. Edwards, Inc. (AGE) and Wachovia Corporation (WB) - Taxable merger with extra cash
11/16/2007 - Florida Rock (FRK.N) and Vulcan Materials (VMC) - Merger with three potential outcomes.
01/17/2008 - Omniture, Inc (OMTR) and Visual Sciences, Inc. (VSCN) - Merger with extra cash
03/13/2008 - TD Bank Financial Group (TD) and Commerce Bancorp, Inc (CBH) - Taxable merger
04/15/2008 - Excel Maritime Carriers (EXM) and Quintana Maritime (QMAR) - Taxable merger
04/21/2008 - National Oilwell Varco (NOV) and Grant Prideco (GRP) - Merger with extra cash
06/05/2008 - Ingersoll-Rand [IR] and Trane [TT] - Taxable merger
07/31/2008 - ANSYS, Ansoft Corporation - Merger with extra cash
08/25/2008 - Smith International and W-H Energy Services - Merger with extra cash
08/26/2008 - FTD Group, United Online - Taxable merger
08/28/2008 - Stone Energy Corp (SGY) & Bois d'Arc Energy (BDE) - Cash and Stock Reorganization
09/20/2008 - Wendy's International & Triarc Companies - Taxable merger
11/07/2008 - Teck Cominco Ltd (TCK) & Fording Canadian Coal (FDG) - Taxable merger
11/13/2008 - Hercules Inc. and Ashland Inc. merger - Taxable merger
12/23/2008 - Teva Pharmaceuticals & Barr Pharmaceuticals merger - Cash and Stock reorganization
07/01/2009 - CenturyTel and EMBARQ merger - Merger
09/29/2009 - Petrobras Energia and Petrobras Energia Participaciones - Can be entered as a Merger or Reverse Split
10/15/2009 - Wyeth and Pfizer merger - Taxable Merger Transaction
11/03/2009 - Schering-Plough and Merck merger - Stock Sale/Redemption and Merger Transaction
12/27/2009 - Disney Corp. and Marvel Entertainment merger - Merger with extra cash
01/27/2010 - JDA Software and i2 - Cash plus Stock Reorganization
02/05/2010 - Xerox and ACS - Cash plus Stock Reorganization
02/05/2010 - CF Industries and Terra Industries - Cash plus Stock Merger
02/12/2010 - Berkshire Hathaway and Burlington Northern - Merger
02/26/2010 - Pepsi and Pepsi Bottling Group - Cash plus Stock Reorganization
03/08/2010 - Kraft and Cadbury - Cash plus Stock Reorganization
03/10/2010 - Denbury and Encore - Cash plus Stock Reorganization
04/28/2010 - Baker Hughes and BJ Services - Cash plus Stock Reorganization
06/25/2010 - Exxon and XTO Energy - Stock Reorganization

Splits

05/02/2006 - William Wrigley Jr. Co. (WWY) - Common stock and Class B - Split gave Common and Class B stock
07/31/2006 - Vodafone Group Plc (VOD) reverse stock split and special distributions - Reverse stock split, special dividend in addition to its regular interim dividend.

Other

05/12/2006 - XTO Energy (XTO) dividend of Hugoton Royalty Trust (HGT) - Taxable dividend masquerading as a spinoff
10/12/2006 - EXCHANGE: McDonalds (MCD) and Chipotle (CMG) - . Not a spinoff, not a split, but a "split-off". You heard it here first.
04/02/2007 - EXCHANGE: Halliburton Company [HAL] and KBR, Inc. [KBR] - Our second ever "split-off"
11/27/2007 - RECLASSIFICATION/MERGER: Transocean Inc. [RIG] reclassification and merger with GlobalSantaFe Corporation [GSF] - Reclassification/Merger. Another first for us.
04/23/08 - MERGER/SPINOFF: Quanex Corporation [NX] and Quanex Building Products Corporation. - Merger and Spinoff
5/7/2008 - DEMERGER: Cadbury Schweppes (CSG) (Spinoff and Merger) - Spinoff and Merger
8/04/2008 - SPLIT-OFF: Kraft Foods, Ralcorp Holdings - Spinoff and Split
8/26/2008 - REVERSE SPLIT, TICKER CHANGE and 4 SPINOFFS: Companies involved are:
IAC/InterActiveCorp. [IACID], HSN, Inc. [HSNI], Ticketmaster [TKTM], Interval Leisure Group, Inc. [IILG], and Tree.com, Inc. [TREE] - Reverse Split, ticker change and 4 Spinoffs
11/05/2008 - SPLIT-OFF: Procter & Gamble & The J. M. Smucker Co. - Spinoff and Split
03/20/2009 - Rights Distribution: HSBC - Spinoff, and also possibly a sale, and purchase
09/25/2009 - REORGANIZATION: Tim Hortons - Return of Capital, Merger, and another Return of Capital
12/22/2009 - SPLIT-OFF: BristolMyers and Mead Johnson - Split and Spinoff