InfoUSA to Combine Class A and B Stocks

Posted on by Chief Marketer Staff

InfoUSA, Omaha, NE, a provider of proprietary business and consumer databases, data marketing services and Internet marketing solutions will combine its A and B classes of stock into a single class of common stock. Each share of the company’s A and B shares will be exchanged on a one-for-one basis for the new stock. Each share of stock is entitled to a single vote.

The stock will trade under its current symbols, IUSAA and IUSAB, until Friday, Oct. 22. On Monday, Oct. 25, the company’s shares will begin trading on Nasdaq under the symbol IUSAD. It will retain this symbol for approximately 20 trading days, after which it will permanently trade as IUSA.

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