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Tuesday, January 23, 2007 1:41:33 AM
I know for a fact, that when a dividend paying company pays out a dividend, shorts are required to pay the dividend on any shares that they are short. If a dividend paying company declares a $1 dividend, shorts must pay the $1 dividend on all shares that they are short.
So, since the SPC spinoff is officially a dividend, will shorts be required to supply one share of SPC for every share of USSE that they are short?
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