Unusual Transactions - Spinoffs, Mergers, Splits, and Others [ARCHIVE]

• How to enter a normal spinoff.
• How to enter a normal merger.
• How to enter a normal split.
• How to recognize an unusual transaction.

The following instructions are for entering into myICLUB.com unusual transactions that occurred prior to 2012. For company-specific mergers, spinoffs, splits and other unusual transactions that occurred after 2012, please see the updated FAQs on myICLUB.com.

Spinoffs

• 12/29/2005 Viacom (VIA) and CBS (CBS). spinoff of CBS from Viacom, followed by a 1-for-2 reverse split of Viacom.
• 07/17/2006 Alltel [AT] to Windstream [WIN]. Alltel spun off VALOR stock, then VALOR Communications was immediately renamed Windstream Corp.
• 08/01/2006 Cendant Corp (CD) to Realogy (H) and Wyndham Worldwide (WYN). 2 daughter companies.
• 09/29/2006 Wendy's [WEN] and Tim Horton [THI]. Normal spinoff.
• 10/24/2006 Fidelity National Financial, Inc. [FNF] to Fidelity National Title Group, Inc. [FNT]. Normal spinoff.
• 11/20/2006 Verizon Communications, Inc. [VZ] and Idearc, Inc.[IAR]. Normal spinoff.
• 11/28/2006 Alberto-Culver [ACV] and Sally Beauty Holdings [SBH]. Abnormal spinoff.
• 01/02/2007 Duke Energy Corporation [DUK] and Spectra Energy Corp [SE]. Normal spinoff.
• 02/05/2007 Central Garden & Pet Company [CENT] and Central Garden Class A [CENTA]. Normal spinoff.
• 03/30/2007 Altria Group, Inc. [MO] and Kraft Foods, Inc. [KFT]. Normal spinoff.
• 03/30/2007 Automatic Data Processing [ADP] and Broadridge Financial Solutions, Inc. [BR]. Normal spinoff.
• 06/12/2007 Walt Disney [DIS] and Citadel Broadcasting Corporation [CDL]. Normal spinoff.
• 06/29/2007 Tyco International Ltd. [TYC], Tyco Electronics Ltd. [TEL] and Covidien Ltd. [COV]. Abnormal spinoff.
• 06/30/2007 Morgan Stanley [MS] and Discover Financial Services [DFS]. Normal spinoff.
• 07/31/2007 AmerisourceBergen [ABC] and PharMerica [PMC]. Normal spinoff.
• 10/31/2007 Peabody Energy [BTU] and Patriot Coal [PCX]. Normal spinoff.
• 11/01/2007 Marshall & Ilsley Corporation [MI] and Metavante Technologies, Inc. [MV]. Normal spinoff.
• 12/31/2007 Synovus Financial Corp. [SNV] and Total System Services, Inc. [TSS]. Normal spinoff.
• 11/13/2007 App Pharmaceuticals (APPX) and Abraxis BioScience (ABII). Normal spinoff.
• 01/01/2008 EchoStar Commumnications (DISH) and EchoStar Holding (SATS) Spinoff. Normal spinoff.
• 03/28/2008 Altria Group (MO) and Philip Morris International (PM) Spinoff. Normal spinoff.
• 03/31/2008 Verizon Communications (VZ) and FairPoint (FRP). Normal spinoff.
• 03/31/2008 Hillenbrand Industries (HB) split into Hill-Rom Holdings, Inc. (HRC) and Hillenbrand, Inc. (HI). Normal spinoff, with name change.
• 09/28/2008 Cypress Semiconductor (CY) & Sunpower (SPWRB). Normal spinoff.
• 3/27/2009 Time Warner Inc. [TWX] and Time Warner Cable Inc. [TWC]. Normal spinoff, followed by a reverse stock split.
• 05/27/2009 Harris Corporation [HRS] and Harris Stratex Corporation [HSTX]. Taxable spinoff.
• 06/30/2009 Myriad Genetics [MYGN] and Myriad Pharmaceuticals, Inc. [MYRX]. Normal spinoff.
• 11/30/2009 Encana [ECA] and Cenovus [CEV]. Normal spinoff.
• 06/07/2010 Verizon and New Communications Holdings/Frontier Communications. Normal spinoff, followed by a Normal merger.
• 01/03/2011 Motorola and Motorola Mobility. Normal spinoff, followed by a Reverse Split.
• 01/19/2011 Diana Shipping and Diana Container Ships. Normal spinoff, followed by Buy transaction.
• 10/04/2011 Fortune Brands (Beam) and Fortune Brands Home and Security. Normal spinoff, followed by a name change for the parent company.
• 10/30/2011 ITT / Xylem / Excelis. Normal spinoff of two daughter companies, followed by a reverse stock split for the parent.
• 10/31/2011 Lumos Networks from NTelos. Reverse stock split followed by a Spinoff.
• 12/30/2011 Orchard Supply and Orchard Preferred from Sears Holdings. Spinoff of two companies.
• 12/30/2011 WPX Energy from the Williams Companies. Normal Spinoff.
• 01/17/2012 SunCoke Energy from Sunoco. Special Dividend.
• 06/28/2012 DE Master Blenders (DE.AS) from Sara Lee (SLE). Spinoff, reverse split, name change.
• 06/29/2012 Energy Fuels (EFR.T) from Denison (DML.T). Return of capital and Purchase entries required.
• 09/28/2012 ADT (ADT) and Pentair (PNR) from Tyco International (TYC). Regular spinoff of two companies..
• 10/01/2012 Kraft Foods Group(KRFT) from Kraft Foods (Mondelēz) (MDLZ). Spinoff of one company and a name change for the parent security.

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.
• 02/26/2010 Pepsi and Pepsi Americas. 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.
• 06/01/2010 Windstream and Iowa Telecom. Cash plus Stock Reorganization.
• 06/25/2010 Exxon and XTO Energy. Stock Reorganization.
• 07/01/2010 Hewlett-Packard and Palm. Acquisition.
• 07/16/2010 SandRidge and Arena Resources. Cash plus Stock Reorganization.
• 08/27/2010 Schlumberger and Smith International. Standard Merger.
• 02/17/2011 Atlas Energy and Chevron. Spinoff and Merger.
• 04/08/2011 Sanofi-aventis and Genzyme. Acquisition merger.
• 05/31/2011 Ensco and Pride. Cash plus stock merger.
• 06/01/2011 RehabCare Group and Kindred HealthCare. Merger.
• 10/04/2011 Metropolitan Health and ContinueCare. Cash plus stock merger.
• 12/09/2011 Nicor and AGL Resources. Cash plus stock merger.
• 04/02/2012 Express Scripts (ESRX) and Medco Health (MHS). Cash plus stock merger.
• 05/24/2012 Kinder Morgan (KMI) and El Paso (EPB). Cash plus stock merger.
• 07/02/2012 SXC Health Solutions (SXCI / CTRX) and Catalyst Health Solutions (CHSI). Cash plus stock merger, and name change.

Splits

• 05/02/2006 - William Wrigley Jr. Co. (WWY) Common and Class B stock shares. 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.
• 05/07/2008 DEMERGER: Cadbury Schweppes (CSG) (Spinoff and Merger). Spinoff and Merger.
• 08/04/2008 SPLIT-OFF: Kraft Foods, Ralcorp Holdings. Spinoff and Split.
• 08/26/2008 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.
• 05/05/2009 RIGHTS ISSUED: Precision Drilling Trust. potentially multiple transactions.
• 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.
• 08/29/2010 SPECIAL DIVIDEND: Weyerhaeuser. Multiple Transactions.
• 01/20/2011 WARRANTS ISSUED: AIG. Warrants issued by company, good through 2021.