Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Spin-Off

Exelis (XLS) spinoff of Vetrus (VEC) set for September 27th

As a reminder, Exelis (XLS) spinoff of Vectrus (VEC) will occur on September 27th. Each Exelis shareholder of record will receive one share of Vectrus common stock for every 18 shares of Exelis common stock held as of the close of business on September 18, 2014, the record date for the distribution. Source: Filing

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