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 ...