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Friday, 04/22/2016 10:12:39 AM

Friday, April 22, 2016 10:12:39 AM

Post# of 36208
Sometimes after a reorganization, a company will issue new stock that is considered different from the pre-reorganization stock. If this occurs, investors will need to know whether the company has given its shareholders the opportunity to exchange the old stock for new stock, because the old stock will usually be considered useless when the new stock is issued.

http://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp

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