My experience is, as an example, say if you have 100 shares in the original coy. In-specie distribution of shares in the (new) separated coy is (say) 30 shares then you are left with 70 shares in the original coy. Hopefully when you multiply the new coy and remaining original coy shares by their market prices - when the values are combined - you have atleast the value of your initial investment as before the split. So in effect your initial 100 shares have now been reduced to 70 shares but you have 30 shares in a new coy. Someone may wish to add info here. There may be another way of doing it.
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