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  2. 3 Recent Spin-Off Stocks Worth A Spot in Your Portfolio

    www.aol.com/news/3-recent-spin-off-stocks...

    A stock spin-off takes place when a public company divests itself of one (or several) of its units, which becomes a separate compa. Spin-off stocks have been in the limelight in recent weeks. For ...

  3. Corporate spin-off - Wikipedia

    en.wikipedia.org/wiki/Corporate_spin-off

    Spin-offs also allow high-growth divisions, once separated from other low-growth divisions, to command higher valuation multiples. [5] In most cases, the parent company or organization offers support doing one or more of the following: Investing equity in the new firm; Being the first customer of the spin-off that helps create cash flow

  4. Comcast announces plan to spin off TV networks including ...

    www.aol.com/finance/comcast-announces-plan-spin...

    Shares closed the trading day up 1.6% to roughly $43. The company said it is looking to complete the spin-off in one year. Goldman Sachs and Morgan Stanley are advising the company on the transaction.

  5. List of largest corporate spin-offs - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_corporate...

    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 ...

  6. Solventum - Wikipedia

    en.wikipedia.org/wiki/Solventum

    In fact, the announcement of the spin-off occurred the same day as a separate announcement that a 3M subsidiary, Aearo Technologies, had declared Chapter 11 bankruptcy after settling lawsuits alleging that the earplugs it had manufactured for U.S. military service members were defective and damaged their hearing.

  7. A GE spinoff's stock is surging as it positions itself as the ...

    www.aol.com/finance/ge-spinoffs-stock-surging...

    Vernova stock is up more than 100% since its spinoff, compared to the S&P 500's 21% year-to-date gain.That's despite negative headlines in the company's most challenged unit — its wind turbines ...

  8. Comcast to spin off some cable TV networks as streaming ... - AOL

    www.aol.com/news/comcast-spin-off-cable-tv...

    The tax-free spin-off is expected to take a year to complete. ... YouTube and Amazon Prime Video. "The pay TV bundle had a great 30-year plus run," said Jon Miller, CEO of Integrated Media which ...

  9. The Messenger (website) - Wikipedia

    en.wikipedia.org/wiki/The_Messenger_(website)

    The site's revenue model generated only $3 million by near the end of 2023, as the company hemorrhaged cash while it contemplated ambitious expansion into products such as Messenger TV. At the time of the site's closure, The New York Times characterized The Messenger as "one of the biggest busts in the annals of online news". [1]

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