Matson, Inc. Matson, Inc. (NYSE: MATX), the ocean transportation and logistics company, announce that the separation of Alexander & Baldwin Holdings, Inc. into Matson, Inc. and Alexander & Baldwin, Inc. has been completed and that Alexander & Baldwin Holdings, Inc. has changed its name to Matson, Inc. ("Matson"). Under the terms of the distribution, Alexander & Baldwin Holdings, Inc. shareholders receive one share of common stock of Alexander & Baldwin, Inc. for every share of Alexander & Baldwin Holdings, Inc. Matson also announced that its Board of Directors declared a third quarter 2012 dividend of $0.15 per common share. The dividend is payable on September 6, 2012 to Matson shareholders of record as of the close of business on August 2, 2012.