Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Spin-Off

National Oilwell Varco $NOV completes spinoff of Now $DNOW

National Oilwell Varco, Inc. (NYSE: NOV) today announced that it has completed the spinoff to its stockholders of its distribution business as an independent public company, NOW Inc. (“NOW”). NOW common stock will begin regular-way trading on the New York Stock Exchange under the ticker symbol “DNOW” on June 2, 2014. Source: Filing

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