Clearing House Advisory Notices
To | Clearing Member Firms
From | CME Clearing
Subject | Corporate Events: Apartment Investment and Management Company (AIV)
Notice Date | 2008-10-23
Notice Number | 08-287
Effective Date | 2008-10-23
Apartment Investment and Management Company (“AIV”) has announced a Special Dividend valued at $1.20. AIV Stockholders will have the ability to elect to receive the special dividend in the form of cash or additional AIV shares. The consideration which will accrue to non-electing AIV Shareholders is not known at this time. The cash or stock election must be received prior to 5:00 p.m. (EDT) on November 19, 2008. The ex-distribution date is Thursday, October 23, 2008. The payable date is December 1, 2008. The record date is October 27, 2008. For the full text of this advisory...