Sharing a few links Yet Another Value Blog shares his thoughts (again and again and again) on the SharkNinja (SN) spinoff in a three part series (here, here and here). I think Barron’s might take umbrage with his statement that it wasn’t covered! Flyover Stocks takes an in depth look at the upcoming Worthington (WOR) spinoff Kiplinger discusses… Read More »
Lets kick off the week with a new edition of odds and ends catching up on some old items: Disney (DIS) acquired 21st Century Fox last month, but a new, slimmed down Fox Corporation (FOX) was spun off just prior to the deal closing. The new Fox is still controlled by the Murdoch family, but it is a… Read More »
Another month is almost in the books so lets recap the recent spinoff activity and also take a look at what spinoffs the next month will bring: Spinoffs Completed Prior Month It’s worth noting that in February’s roundup, this section had nothing listed. Ooops? It was actually quite a busy month so keep checking our site as we… Read More »
As we discussed last week, the big Disney (DIS) / Twenty First Century Fox deal is set to close this Thursday. In the meantime, 21st Century Fox shareholders have made their choices about how they want to receive their ‘consideration’ from Disney and apparently too many wanted the cold, hard cash: Holders of 959,919,192 shares of 21CF common… Read More »
We’ve been here before. The dismantling of Rupert Murdoch’s media empire began in earnest in June 2013 when News Corp completed the spin off of its publishing business as the new News Corp(NWS) and changed its own name to 21st Century Fox(FOX). That deal separated Murdoch’s declining but beloved newspaper business from the growing film and television business… Read More »
Active management may be under attack, but don’t tell that to Barron’s. Every year the venerable paper hosts an investor roundtable featuring some of the industry’s leading voices and largest active asset managers. The day long event offers a chance to hear their thoughts on a wide variety of topics including the economy and pressing global issues. Readers… Read More »
Somehow, we never got around to talking about one of the worst names for a spinoff that we can recall. Of course, we are talking about tronc(TRNC). Tribune Media(TRCO) spun it off as Tribune Publishing, but, after Michael Ferro took over, it changed its name to tronc, which sounds like the name of a reptilian villain that… Read More »
Last March, we reported that CBS(CBS) was considering ‘strategic options’ for its radio business. After it was unable to find a buyer, the company moved forward with plans for an IPO and spinoff of CBS Radio. Today, the company again announced a change of plans. Instead of an IPO, the company will be spun off and immediately merge… Read More »
For years, Disney (DIS) shares were propelled upwards by consistently better results at its media network unit including ABC and ESPN. As ‘Event TV’ became live TV’s stand against streaming and recording options, sports became especially lucrative due to the high fees they were able to charge. Of course, things change. Costs went up, NFL & ABC ratings… Read More »
Forbes continues to pump out the spinoff ideas. The other week, we highlighted a Forbes piece nominating five companies ripe for a spinoff, including big names such as Disney (DIS) and Time Warner (TWX). That wasn’t all though. A recent idea in Forbes by Richard Stiennon was that chip powerhouse Intel (INTC) should spin off McAfee, its internet security… Read More »
With all the spinoff excitement, Forbes looks ahead at the next brands that might be granted independence by their corporate overlords. Ebay(EBAY)’s StubHub. StubHub dominates live event ticket reselling. On the heels of a successful spinoff of PayPal, perhaps Ebay will go back to the well and spin off StubHub. Time Warner(TWX)’s HBO. Time Warner is no stranger… Read More »
Given its ubiquitous products and tremendous success, it isn’t surprising that everyone seems to have an opinion about Apple (AAPL). There are haters and fanboys and those in between, but all seem to get emotional when discussing the company’s products. Even the stock brings about heated conversations. One area of the company that has gotten a lot of… Read More »