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Newcastle Investment Corp Sets Record Date For Spin-Off Of New Residential Investment Corp-Form 8K


Thursday, 2 May 2013 08:00pm EDT 

Newcastle Investment Corp reported in its Form 8-K that its board of directors has set a record date on May 6, 2013 for the spin-off of New Residential Investment Corp, a wholly owned subsidiary of Newcastle. Newcastle will distribute one share of New Residential common stock for each share of Newcastle common stock held by Newcastle stockholders of record as of the Record Date. The distribution of New Residential common stock is expected to occur on or about May 15, 2013. 

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4.78
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26 Mar 2015