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On February 22, 2013, each stockholder of record at the close of business on February 15, 2013 will receive ...yada yada...

I am probably wrong... but doesn't it take 3 days to clear, before a sale/purchase is considered 'holder of record'?
So, if so, then one would have needed to buy last Wednesday, to reap the benefits of split?
I have been out of the loop for so long I'm not sure anymore.
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