TUG Review Crew: Veteran
- Jul 14, 2014
- Reaction score
Every few years companies do spin offs to "unlock value" or mergers to "create synergies".. imho it is a giant shell game where banks and financiers make millions and the little guys and shareholders generally get screwed.It was not that long ago that they saw it in their strategic interest to spin it off. I am doubtful that is what it is.
Examples: Viacom and CBS, att direct TV (they are looking to spin off direct TV now I believe).. all the flip flopping of food brands between Kraft and its competitors.
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