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Down 6.5% today. I guess the market liked the deal with Icahn for a minute, but then changed its collective mind.

I really have little idea what to think.
The press release sounds more like the current round in an ongoing bun fight for control and a quick buck.

But hey, I do like this part of the plan, not that I believe it:
"The Company believes there are further accretive divestiture opportunities that will bring the
total yield of the accelerated transformation plan to approximately $10 billion of after-tax proceeds...
"

They don't say exactly how much of the company might be left over afterwards, but the market cap is $13bn at the moment, so it wouldn't have to be much.

Hmmm, that compelling-sounding arithmetic reminds me of CBI's announcement that they'd sell their Technology division...

Jim
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