Constellation Software Spin-off (Topicus.com) Notes
November 19, 2020 – Update
- Constellation Software, is a Canadian software company that grows by acquisition.
- It has an incredible track record of generating shareholder returns as evidenced by its long term stock chart.
- This year, the company announced that it intended to spin off its subsidiary, Topicus.com, as a special dividend, on or before November 17.
- However, the company recently announced that the spin-off transaction will be delayed, but still is expected to be completed at a later point this year.
- Here is the prospectus for Topicus.com.
- Good overview of the spin-off.
- Tweet storm overview of the spin-off.