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Show BUTTE COALITION TO DISTRIBUTE ASSETS The Butto Coalition company. In compliance com-pliance with the recently authorized sanction sanc-tion or sharoholdors. will distribute Its assets among shareholders, which consist con-sist of .100.000 shares or the .Miaconda company's stock and cash In the sum of $1,000,000. With Anaconda at 3S. ihe distribution dis-tribution works oui an equivalent of 23 for the Butte Coalition as follows; 500.-t'00 500.-t'00 shares of Anaconda at 3S. 519.000.000: cash. 51,000.000: total, 523,000,000. or sr3 per share. This means that each Butte Coalition stockholder will receive one-half one-half a share of the Anaconda stock and St cash for each share hold. There are now outstanding 5SO.0O0 shares of Anaconda, the Butte Coalition deal puts 500,000 more shores out Into the hands of the public, while tho donl with the. Parrot company Incnuuus this by 90.000 shares more, making a total of 1,170,000 shares outstanding. |