Viacom said in April that it intended to issue a new class of shares to track Blockbuster's performance.
Kmart announced the details of its plans to issue a new class of common stock for each of four specialty-store businesses.
Institutional investors have generally opposed issuing a class of stock with preferential voting rights, fearing the stock price could be depressed by the move.
RJR Nabisco will issue a new class of common stock tied to the performance of its food businesses.
Rockwell International plans to issue a new class of stock that is apparently designed to deter hostile takeover moves.
Last Friday, the Times Company said it would issue a new class of stock to track the value of the company's Internet properties.
The New York Times Company announced plans yesterday to issue a new class of stock that will track the value of the company's Internet properties.
As part of its restructuring, AT&T intends to issue a new class of stock later this year to track the consumer operation.
In 2004 the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand.
The House passed several noncontroversial bills, including one to issue a new class of war bonds and another to make it a crime to handle biological toxins carelessly.