Thread regarding DST Systems Inc. layoffs

1985 DST stock IPO

Correction: It was 1985 when DST issued stock for $20. per share, then it dropped to $10.00 and DST bought it ALL back. Hallmark Cards employees had their pension administrator put a sizeable amount in DST stock. Guess what the drop did to their defined pension accounts. Google the story - its interesting and I think Hockaday was instrumental in it......

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