We see every year uh I add half a dozen to a dozen of these spin-offs and breakups of S&P 500 companies. The long history of that is that on average they perform average and they end up essentially receding to S&P 500 kinds of returns. Greg Taxin is the managing member of Spotlight Adviserss, consulting with corporate boards on activist shareholder campaigns, shareholder proposals, and capital structure debates.There are outliers where splitting a business makes a lot of sense and can actually add value bot ...

Kraft Heinz is reportedly considering a spinoff of a large chunk of its grocery business as health-conscious American consumers increasingly shy away from processed foods. The $31 billion food and beverage conglomerate, born out of the 2015 merger of Kraft and Heinz, is said to be mulling the creation of a new entity that would include many Kraft products and could be valued at as much as $20 billion, the Wall Street Journal reported on Friday.The remaining company would house goods such as sauces and condi ...