Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
Another interesting spinnoff at WLT brewing. They are spinning off their financial business with will merge with Hanover and become a REIT. At first glance it looks like a classic case of a strongly desired parent, and a very unwanted spin-off. On the recent conference call, which was held to explain the spin-off, all but one analyst question was on the coal business. The deal won't close until early 2009. And it looks like the type where you don't need to buy for a while after that as I expect nearly everyone to dump the financial shares.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement