• CORPORATE EVENT; Verizon Communications Inc.

      • To
      • Clearing House Member Firms
      • From
      • CME Group Clearing
      • #
      • 08-62
      • Notice Date
      • 31 March 2008
      • Effective Date
      • 01 April 2008

    • Verizon Communications Inc. (“VZ”) has announced a distribution of FairPoint Communications, Inc. (“FRP”) Common Shares. The distribution ratio is approximately .0188 FRP Common Shares per VZ Common Share. The record date is March 7, 2008; the mail date is March 31, 2008. The New York Stock Exchange (“NYSE”) has set  April 1, 2008 as the ex-distribution of the distribution.

      The NYSE has determined due-bills for the FRP distribution must accompany each VZ Share delivered after March 7, 2008
      in settlement of VZ transactions made prior to the ex-date.
      For the full text of this advisory...

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