Ralcorp Holdings Inc. has announced that the U.S. Securities and Exchange Commission (SEC) has declared effective Post Holdings Inc.’s Registration Statement on Form 10.
January 31, 2012
Ralcorp Holdings Inc. has announced that the U.S. Securities and Exchange Commission (SEC) has declared effective Post Holdings Inc.’s Registration Statement on Form 10. As a result of this approval, Ralcorp expects the proposed separation of the Post cereals business will be completed on Feb. 3, 2012.
Ralcorp completed the separation by distributing at least 80% of the outstanding shares of Post common stock to holders of Ralcorp common stock of record as of the close of business, on Jan. 30, 2012. Each such holder will receive one share of Post common stock for every two shares of Ralcorp common stock held on Jan. 30.
As previously announced, in connection with the separation transactions, Ralcorp has received $775 million and expects to receive an additional $125 million.
Press release