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Will receive 0.01909025 shares of Veritiv Corporation common stock for each share of International Paper common stock they ow
June 23, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
International Paper announced the definitive distribution ratio for the spinoff of its distribution solutions business, xpedx. Subject to the satisfaction of certain conditions, International Paper stockholders will receive on the distribution date, July 1, 2014, 0.01909025 shares of Veritiv Corporation common stock for each share of International Paper common stock they owned as of 5:00 p.m., New York City time, on June 20, 2014, the record date set by International Paper’s board of directors. ...
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