Cincinnati Bell offers odd-lot program.CINCINNATI--(BUSINESS WIRE)--Nov. 26, 1996--Cincinnati Bell Inc. (NYSE NYSE See: New York Stock Exchange :CSN CSN Crosby, Stills, and Nash (band) CSN Centrala studiestödsnämnden (Swedish: state education grant and loan program) CSN Confédération des Syndicats Nationaux (French) ) announced today that its shareowners with fewer than 100 Cincinnati Bell Cincinnati Bell is the dominant telephone company for Cincinnati, Ohio and its nearby suburbs in Ohio, Indiana and Kentucky. The parent company is named Cincinnati Bell Inc. common shares will be able to sell their shares or round up to a 100-share position under a program offered by Fifth Third Bank. Cincinnati Bell said that Fifth Third will send information about the program this week to approximately 6,000 Cincinnati Bell shareowners eligible to participate. The mailing includes a description of the program, instructions for participating, and a toll-free number to call for additional information. The program allows eligible shareowners to purchase the number of shares that would increase their Cincinnati Bell holdings to 100 shares, or to sell all of their Cincinnati Bell common shares. Fifth Third Bank's Shareholder Services Group will process and match the requests where possible, completing the rest as open-market transactions Open-Market Transaction An order placed by an insider, after all appropriate documentation has been filed, to buy or sell restricted securities openly on an exchange. Notes: . The transaction cost of buying or selling Cincinnati Bell common shares under this program is likely to be lower than the cost of buying or selling the same number shares through a stockbroker Stockbroker 1. An agent that charges a fee or commission for executing buy and sell orders submitted by an investor. 2. The firm that acts as an agent for a customer, charging the customer a commission for its services. as an odd-lot transaction. Cincinnati Bell helps communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. achieve a competitive advantage through advanced billing, customer information and telephone marketing solutions. It is the principal provider of communications services in the Greater Cincinnati area. CONTACT: Cincinnati Bell Wayne Buckhout, 513/397-1081 |
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