Every Spin-Off
Conduent
CNDTCompletedSpin of Conduent services unit (CNDT)
- Distribution date
- 3 Jan 2017
- Structure
- Spin-off
- Parent
- Xerox (XRX)
- Spin-off ticker
- CNDT
- 2-year mark
- 3 Jan 2019
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
3 Jan 2017100%3 Jan 2019
Source documents
- Press releaseCompletion release (01/03/17)
- PresentationInvestor presentation (12/16)
- Information statementInformation statement
Every Spin-Off research
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