How many shares to time warner (TWX) shareholders receive of Time warner Cable (TWC)?

Question

How many shares do Time Warner (TWX) shareholders receive of Time Warner Cable (TWC)?

Answer 1

The information is not yet out and is unlikely to be out by the time your question expires. But good luck finding out! It really won't matter anyways, as the total value of them will be a function of the value of the spun off company multiplied by your percentage ownership in Time Warner, which means if the value of your stake is 500 bucks, and you get 100 shares, each will be valued at 5 bucks, but if you get 10 shares, each will be valued at 50 bucks. Regardless, you'll get the same value. So the number of shares is meaningless.

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