Marchex Inc (MCHX) announced that it would spin off its domain and advertising name marketplace into a new company called Archeo. The company enables the buying, selling and development of digital properties and ad inventory. Although it has been slowly unloading its portfolio, it still has a healthy pipeline of domain names for sale...
Read More »
Posts Tagged ‘ Stock Spinoff ’
Whats In A (Domain) Name? Marchex Intends To Find Out With Archeo Spin
Like Father Like Son? Covidien Pursues Spinoff Of Its Own
Tyco (TYC), a champion spinner with a set of twins of its own in the pipeline, is about to become a grandfather. Covidien (COV), a 2007 spinoff from Tyco, recently announced plansto spin off its pharmaceuticals business into a standalone company. Five is truly a wonderful age to become a parent. Many had predicted...
Read More »
Sears Is Ready To Harvest The Orchard
Much like Halloween, the end of the year is also shaping up to be an extremely busy period for spinoffs. The latest to join the party is Sears Holding (SHLD) whose board of directors approved the spin offof Orchard Supply Hardware Stores earlier this week. The spinoff will take place on December 30 to...
Read More »
Sunoco Looks To Finish SunCoke Separation
After successfully completing an IPO this past July, Sunoco (SUN) announced that it is ready to move on to the second stage of its planned spinoff of SunCoke Energy (SXC). On January 17th, 2012 Sunoco will issue a special stock dividend distributing its remaining ~81% stake in SunCoke to shareholders as of January 5th....
Read More »
Ring In The New Year With WPX Energy
New Year’s Eve is one of those ‘big events’ that rarely lives up to its hype and often ends up pretty anti-climactic. Doesn’t bode well for this ensemble flick(actually, I am sure it will suck for a host of other reasons). The board of directors at Williams Companies (WMB) believes they have found the...
Read More »
