Three months ago, Merck (MRK) announced a spinoff business for its legacy brands, women’s health, and biosimilars. Working tirelessly toward the success of the company, Merck named two c-suite leade...
Earlier this month, United Technologies Corp. (NYSE: UTX) announced that its board of directors had agreed to spinoff Carriers and Otis. With immediate effect, the company’s board of directors decla...
In February, Sanofi (SNY) made an announcement that it had intentions to spin off its drug ingredient manufacturing unit into a separate company. The spinoff would accommodate over 3,100 employees and...
Time to unlock values in match.com? Popular technology holding company, InterActiveCorporation (IAC) announced on the 19th of December, 2019, that it had concluded plans to spinoff all...
On Wednesday (Jan. 15), a news release by XPO Logistics (NASDAQ: XPO) revealed that the company was considering some strategic alternatives, including an option of spinning-off some of its business un...
At the beginning of the year, Investingport noted in one of its news articles that traditional retailers were having difficulty growing revenue through physical locations and have had to cull underper...
You can make a pile of money investing in spin-offs. The facts are overwhelming. Stocks of spinoff companies significantly and consistently outperform the market average.”Joel Greenblatt, Founder of...
Naspers (JSE: NPN and LSE: NPSN, South African consumer internet conglomerate, has already spun-off its sizeable investment Prosus (AEX: PRX and JSE: PRX). Prosus is a global con...
Madison Square Garden Co., owner of the eponymous arena and other venues have approved a plan to spinoff all of its sports and entertainment businesses, including New York Knicks...
A spinoff, also known as spinout or starbust, is the creation of an independent company through the sale or distribution of new shares of an existing business or division of a parent com...