2 Stocks Spinning Off Divisions to Boost Shareholder Value
Companies can often boost their stock prices when they decide to spin off different divisions of the business. Oftentimes, this can mean shedding a non-core business or even a money-losing business into a separate entity. This can boost shareholder value as the market attempts to quantify the value of two separate companies priced as one. When the spin-off occurs, the core business usually retains a chunk of the spun-off business, thereby benefitting from the growth of the newly independent company. Here ar ...