Case study #1: spin - off In May 2012, a ..... entity. As in all spin - offs , shares in the new ..... want to own the spin - off for a variety of ..... interest in holding the spin - off as it does not match ..... favorable prices. Spin - offs are also often underfollowed
to streamline the company, starting with the launch and later combination of two MLPs, and culminating in the successful spin - off of WPX Energy, Williams' former exploration and production segment. The company, now solely focused on midstream energy
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show results. Activist investors have been pushing Darden to spin off potentially Olive Garden and Red Lobster, and focus on some ..... these demands and is spinning it by saying they are going to spin off Red Lobster by introducing some pretty major restructuring
(Reuters) - Darden Restaurants Inc said it would spin off or sell its floundering Red Lobster chain, bowing to pressure from hedge fund Barington Capital Group, and warned that earnings would fall more than expected this year due to weak demand.
Dec 19 (Reuters) - Darden Restaurants Inc said it would spin off or sell its floundering Red Lobster chain, bowing to pressure from hedge fund Barington Capital Group, and warned that earnings would...
differences make it expendable. We plan to maintain our $45 fair value estimate until further details about the Red Lobster spin - off are revealed, though there could a few dollars of upside to our fair value estimate if the transaction spurs increased same
businesses, has been named CEO of the Match Group. Investors like the shakeup, and may be betting it will pave the way for a spinoff . The Match businesses, which depend more on subscriptions than advertising, had Q3 revenue of $201.1M and op. income
BorgWarner has been a well-run company that has generated above-industry returns for its shareholders since its 1993 spin - off from Borg-Warner Security Corporation. In 2012, the company appointed James Verrier president and CEO and Ronald Hundzinski
Dec 19 (Reuters) - Darden Restaurants Inc said it would sell or spin off its Red Lobster business, buckling under pressure from activist investor Barington Capital Group.