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PBG announced recently the ratio will be 1.10 to 1.11 of PBN being distributed to PBG shareholders. I sold my PBN shares from Aug. to the end of Sept. buying PBG as I sold PBN due to the spread being in favour of PBN I received more PBG shares then I had shares of PBN. This turned out to be a very good move for me. It is to late to do it now IMO.