Tag Archives: DE Master Blenders 1753

Summer Of 69? No, Maersk Sings About The Drilling Company Of 1972

AP Moller Maersk’s (AMKBY) drilling spinoff is set for early April and the new company will be called The Drilling Company of 1972. The name reminds me of Sara Lee’s 2012 DE Master Blenders 1753 spinoff. Must be a European thing or something and in any case, it’s an instant addition to the list of terribly named spinoffs.… Read More »

Spinoff Odds & Ends: EBay,Ceconomy,Brenda Barnes

A few links to close out a busy month: The WSJ notes that since the spinoff of PayPal (PYPL), EBay’s (EBAY) post-earnings stock price volatility has increased dramatically. Prior to last week’s announcement, the name had moved double digit percentages in four of the previous five announcements – that is some serious movement. As possible reasons, the article… Read More »

DE Master Blenders Scooped Up By JAB Led Group

When discussing spinoffs, analysts often toss in a comment about how the new slimmed and focused companies will be more attractive acquisition targets. After all, who doesn’t like the idea of a relatively quick exit with a nice premium? Sometimes they are right though and the most recent one to be acquired is Sara Lee spin DE Master… Read More »