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Investing/Strategies / Spinoffs
|Subject: Recent Spins and Spins on the Horizon||Date: 9/21/2006 10:32 PM|
|Author: DawdlingRamblr||Number: 13 of 120|
In no particular order, here are the spinoffs that I have run across...
AmerisourceBergen Corp (ABC) and Kindred Healthcare Inc. (KND) - each are spinning off a piece which will combine to be a new company
First Data Corporation (FDC) and Western Union - see discussion on the FDC board - you had to be a shareholder as of today to receive the distribution - I'm waiting to see what happens with the individual stocks - Western Union dropped a bit all ready...
Automatic Data Processing (ADP) is spinning off their brokerage arm sometime before 30 June 2007 (End of FY 2007)
Verizon is spinning off their directory business before the end of the year
Duke Energy Corporation (DUK) is spinning off their gas business, cleverly and temporarily named GasSpinCo (I believe) and the last I saw was that they were looking to do it early in 2007
Alberto Culver (ACV) is spinning off Sally Beauty probably