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3-for-2 Stock Split for TranSwitch
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Business New Haven
1/10/2000
By: BNH
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SHELTON - Directors of TranSwitch Corp. (NASDAQ: TXCC) have approved a three-for-two stock split for shareholders of record December 29, 1999. The distribution as a stock dividend will take place about January 10. Following the split, TranSwitch will have about 42 million outstanding shares of common stock.
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