Eaton has found a home for Mobility. The company had already planned a spinoff of its Mobility Group. Now the spinoff plan has changed. Eaton will spin off Mobility and combine it with Dana Incorporated in a Reverse Morris Trust transaction. A Reverse Morris Trust transaction allows a company to sell a division and avoid paying taxes on… Read More »
It’s been a little over 10 months since the last Odds & Ends so the time is right to bring this fan favorite back. 1. Yet Another Value Blog recently posted a lengthy, in depth series analyzing the media industry. The most recent edition – another great read – is focused on sports rights and sports investing. The… Read More »
Eaton (ETN) recently hosted an investor day and announced that it would be pruning its portfolio of businesses. As part of that initiative, the company will spin off its LED lighting business by the end of 2019. Like its parent, the new lighting company will be domiciled in Ireland (remember when tax inversions were all the rage?), but… Read More »