SITE Centers (SITC) Announces Spin-Off Record and Distribution Dates
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SITE Centers Announces Spin-Off Record and Distribution Dates
September 11, 2024 4:05 PM EDTBEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC) (the Company or SITE Centers) today announced that its Board of Directors has set record and distribution dates for the spin-off of its portfolio of convenience retail properties into a separate publicly traded company, which will be effected through the distribution of 100 percent of the shares of common stock of Curbline Properties Corp. (Curbline) to holders of SITE Centers common shares.
The distribution of the shares of Curbline common stock is expected to be completed at 12:01 a.m. Eastern Time on October 1, 2024 (the Distribution Date). Following such... More
