spin-offs
spin-offs Articles
In the drama of Icahn’s pursuit of eBay in an effort to get it to spin off its PayPal business, the eBay CEO played the part of the mouse to Icahn’s cat.
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Nine months ago activist investor Carl Icahn launched a drive to get eBay to split off the PayPal payments segment of the company.
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Imagine if telecom giants such as AT&T and Verizon could break up into an operating company and into a real estate investment trust (REIT). This sounds crazy, but now there is a precedent.
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Windstream Holdings is transforming its structure by spinning off assets into a publicly traded real estate investment trust (REIT). Shareholders seem to be enjoying the news.
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Source: ThinkstockWhen Automatic Data Processing Inc. (NYSE: ADP) announced on Thursday that it would spin off its dealer services business, it didn’t take long for the credit ratings agencies to...
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Sears Holdings continues to drop after completing its spin-off of Lands' End, which began trading Monday on the Nasdaq.
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Sears Holdings completed its spin-off of Lands' End on Monday morning, when shares of the mail-order clothing retailer began "regular-way" trading. Sears stock has tanked Monday morning.
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Chesapeake Energy filed a Form 10 with the SEC Monday morning with preliminary information regarding a spin-off of the company's wholly owned Chesapeake Oilfield Services business into a new...
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Darden Restaurants Inc. (NYSE: DRI) said Thursday morning that it plans to hold a tax-free spin-off of its Red Lobster restaurants and that it would consider an outright sale of the chain.
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Source: ThinkstockIn a terse press statement Friday morning, Sears Holdings Corp. (NASDAQ: SHLD) said that it has filed with the U.S. Securities and Exchange Commission (SEC) to spin off its Land’s...
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Source: ThinkstockPenn National Gaming Inc. (NASDAQ: PENN) completed on Monday the spin-off of its real-estate holdings into a new REIT, Gaming and Leisure Properties Inc. (G&LP) (NASDAQ: GLPI). The...
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Source: Jim Henderson, via Wikimedia CommonsIn a quarterly update press release Tuesday morning, Sears Holdings Corp. (NASDAQ: SHLD) reviewed actions it has taken or is contemplating in an effort to...
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Source: ThinkstockTwo oil field services companies announced on Tuesday that they plan to spin off parts of their businesses into separately traded companies. National Oilwell Varco Inc. (NYSE: NOV)...
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Source: ThinkstockSunEdison Inc. (NYSE: SUNE), the company formerly known as MEMC Electronics, announced Thursday morning that it would spin off its semiconductor unit in an initial public offering...
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Source: courtesy of Sony Corp.Daniel S. Loeb, head of Third Point LLC, got the answer he expected from Sony Corp.’s (NYSE: SNE) board. It will not spin out or sell its studio and entertainment...
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