Comcast Corp, AT&T Broadband merge to form new Comcast
By Our Markets Bureau | 18 Nov 2002
New
York:
Comcast Corporation and AT&T Broadband are merging
to form the new Comcast Corporation (Comcast).
Upon completion of the transaction, it is anticipated that Comcasts Class A Common Stock will become the companys largest market capitalisation security on Nasdaq. Additionally, at that time the stocks symbol will change from COMCV to CMCSA.
Comcasts
Special Class A Common Stock is currently in the Nasdaq-100
Index (NDX), which allows only one class of security per
issuer. Therefore, in accordance with the Index rules,
Nasdaq will remove Comcasts Special Class A Common Stock
from the Index and replace it with Comcasts Class A Common
Stock effective at the beginning of trading on 19 November
2002.
Comcasts Class A Common Stock will also be included in the Nasdaq-100 Index Tracking Stock (QQQ). Comcasts Special Class A Common Stock will continue to be listed on Nasdaq.
