Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

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Theravance $THRX announces 1:3.5 spinoff distribution ratio

Theravance (THRX) released an updated registration statement for its spinoff stating that investors will receive one ordinary share of Theravance Biopharma for every 3.5 shares of Theravance common stock that they own.

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