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Masco Corporation Approves Spin-off of TopBuild Corp.

2015-06-09 02:18:54| Furniture - Topix.net

In the spin-off, Masco will distribute 100% of the shares of common stock of TopBuild. The distribution of TopBuild shares is expected to be completed after the New York Stock Exchange market closing on June 30, 2015, with Masco stockholders receiving one share of TopBuild common stock for every nine shares of Masco common stock held at the close of business on the record date of June 19, 2015.

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