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S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Spin-out from a Constituent of the S&P/TSX Composite Index TORONTO , May 23, ...
About this update from Dundee Corporation Class A
[{"type":"text","content":"\n\n\nA Spin-out from a Constituent of the S&P/TSX Composite Index\n\n\nTORONTO, May 23, 2013 /CNW/ - S&P Dow Jones Canadian Index Services will\n make the following changes in the S&P/TSX Canadian Indices:\n\n\nThe shareholders of Dundee Corporation (TSX:DC.A) on May 16, 2013,\n approved the terms of a Plan of Arrangement whereby certain assets of\n the company will be spun out. Shareholders of Dundee Corporation will\n receive, on a 1-for-1 basis, shares of DREAM Unlimited Corp. The ticker\n symbol of DREAM Unlimited will be \"DRM\" and the CUSIP number will be\n 26153M 20 0. The ex-date for the spin out will be Friday, May 31, 2013,\n and there will be when-issued trading in DREAM Unlimited beginning\n Monday, May 27, 2013.\n\n\nEffective after the close on Thursday, May 30, 2013, the spun-out shares\n of DREAM Unlimited will be added to all the same indices where Dundee\n Corporation is a constituent. The close price of Dundee Corporation\n will be reduced by the close price (when-issued market) of DREAM\n Unlimited and no new divisors will be calculated for any indices.\n\n\nDREAM Unlimited will remain a constituent of the same indices until the\n Q3 (September) 2013 S&P/TSX Index review at which time it will be\n measured for continued inclusion.\n\n\nAbout S&P Dow Jones Indices\nS&P Dow Jones Indices LLC, a part of McGraw Hill Financial, is the\n world's largest, global resource for index-based concepts, data and\n research. Home to iconic financial market indicators, such as the S&P\n 500® and the Dow Jones Industrial Average®, S&P Dow Jones Indices LLC\n has over 115 years of experience constructing innovative and\n transparent solutions that fulfill the needs of investors. More assets\n are invested in products based upon our indices than any other provider\n in the world. With over 830,000 indices covering a wide range of asset\n classes across the globe, S&P Dow Jones Indices LLC defines the way\n investors measure and trade the markets. To learn more about our\n company, please visit www.spdji.com.\n\n\nStandard & Poor's and S&P are registered trademarks of Standard & Poor's\n Financial Services LLC, a part of McGraw Hill Financial. Dow Jones is a\n registered trademark of Dow Jones Trademark Holdings LLC (\"Dow\n Jones\").  These trademarks have been li...