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Comcast said the brands to be included in the spin-off reached about 70 million US households. Earlier this year, Warner Bros and Paramount Global cut billions of dollars from the valuation of ...
On July 26, 2022, 3M announced that it would spin off its healthcare division as a separate company to streamline operations. The new company would assume 3M's business in wound and oral care, health informatics, and biopharmaceutical filtration. [2] The sales of products in these fields accounted for about a quarter of 3M's total sales in 2021 ...
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
Comcast is spinning off into a new company many of the cable television networks that were once at the entertainment giant's heart as consumers increasingly swap out their cable TV subscriptions ...
The new company — currently dubbed SpinCo, although that will change — will offer news, entertainment and sports channels reaching about 70 million U.S. homes and have the financial heft to ...
Around the same time, the company laid off a third of its staff during the COVID-19 pandemic. [10] In February 2021, Glitch workers signed a collective bargaining agreement with the company. According to the Communications Workers of America (CWA), this is the first agreement signed by white collar tech workers in the United States.