11/1/2022 – XPO Logistics (XPO)

Attention, those of you who own XPO Logistics (XPO): XPO has completed a spin-off of a new company, RXO. You will receive one share of RXO for every share that you owned of XPO on the date of record, October 20th, 2022. Please note: If you did not own shares of XPO on or prior to October 20th, you will …

06/17/2022 – Realogy Holdings Corp. (RLGY)

Attention, those of you who own Realogy Holdings Corp. (RLGY): RLGY has undergone a name and symbol change to Anywhere Real Estate Inc. (HOUS). All outstanding shares of RLGY have been replaced with shares of HOUS, and all outstanding RLGY options have been replaced with corresponding HOUS options. Lattco users will need to update your worksheets to reflect this change …

06/02/2022 – CDK Global, Inc. (CDK)

Attention, those of you who own CDK Global, Inc. (CDK): CDK is the target of an acquisition by Brookfield Business Partners. The proposed acquisition includes a buyout of $54.87 per share for all outstanding shares of CDK. Because of this proposed acquisition, you should sell your shares of CDK and transmogrify on Trade Day, if necessary. If the average cost …

04/13/2022 – Nielsen Holdings PLC (NLSN)

Attention, those of you who own Nielsen Holdings PLC (NLSN): NLSN is the target of an acquisition by Brookfield Asset Management. The proposed acquisition includes a buyout of $28 per share for all outstanding shares of NLSN. Because of this proposed acquisition, you should sell your shares of NLSN and transmogrify on Trade Day, if necessary. If the average cost …

04/13/2022 – Spirit Airlines, Inc. (SAVE)

Attention, those of you who own Spirit Airlines, Inc. (SAVE): SAVE is the target of an acquisition by JetBlue Airways (JBLU). The merger includes a payment of $33 per share for all outstanding shares of SAVE. Because of this agreement, you should sell your shares of SAVE on Trade Day, and Transmogrify if necessary. If you are able to sell your shares …

04/13/2022 – Tenneco, Inc. (TEN)

Attention, those of you who own Tenneco, Inc. (TEN): TEN is being acquired by Apollo Global Management. The acquisition will include a payment of $20 per share for all outstanding shares of TEN. Because of this agreement, you should sell your shares of TEN as soon as possible, and Transmogrify if necessary. If you are able to sell your shares …

04/13/2022 – AT&T, Inc. (T)

Attention, those of you who own AT&T, Inc. (T): Owners of T have received shares of the newly created spin-off Warner Bros. Discovery (WBD). Specifically, owners of T have received 0.241917 shares of WBD for every share of T that was owned on the date of record, 4/8/2022. Concurrent with this, the stock price of T has been lowered and …

04/13/2022 – Discovery, Inc. (DISCA)

Attention, those of you who own Discovery, Inc. (DISCA): DISCA has undergone a name and symbol change to Warner Bros. Discovery, Inc. (WBD). All outstanding shares of DISCA have been replaced with shares of WBD, and all outstanding DISCA options have been replaced with corresponding WBD options. Lattco users will need to update your worksheets to reflect this change at …

1/18/2023 UPDATE – VanEck Russia ETF (RSX)

The VanEck Russian ETF, RSX, is being liquated. (Read More) This means the fund manager, VanEck, is liquidating the stocks within the fund. Fund holders will receive cash distributions until no assets remain, and the fund is closed. The first distribution was issued on 1/12/2023. Unfortunately, due to the on-going war in Ukraine and sanctions on the Russian economy, the …

03/16/2022 – HollyFrontier Corporation (HFC)

Attention, those of you who own HollyFrontier Corporation (HFC): HFC has undergone a name and symbol change to HF Sinclair Corporation (DINO). All outstanding shares of HFC have been replaced with shares of DINO, and all outstanding HFC options have been replaced with corresponding DINO options. Lattco users will need to update your worksheets to reflect this change at your …