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American Standard Stock Conversion


AnnieR

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I had written about this previously and now have further information, if anyone needs it. In the sale of American Standard Bathtubs and Sinks to Bain, resulting in a new Corp. named AS Americas, the stock in ESOPs, employee stock purchases, etc., which was American Standard stock, was converted to Trane at a rate of 1 share of Trane stock for 3 of American Standard. The ESOPs can be rolled over into IRAs.

AnnieR

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