USA: Ford Motor Company Sets Timing and Terms For Visteon Distribution to Shareholders
Ford Motor Company (NYSE: F) today announced the timing for the distribution of the company's 100 percent stake in Visteon Corporation (NYSE: VC) to its shareholders. The distribution will occur on June 28 to Ford shareholders of record on June 12. Ford Motor Company shareholders will receive one Visteon share for approximately every eight shares of Ford they own on the record date. The actual distribution ratio will be determined and announced after June 12.
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