Tag Archives: J. Alexander Spinoff

Fidelity National Ventures Pushes Off American Blue Ribbon Spinoff – Reconsidering Its Options

Fidelity National Financial (FNF) scooped up a number of businesses during the crisis and set up a tracking stock, Fidelity National Financial Ventures (FNFV) to track and highlight the value of those assets. It has since pursued an aggressive monetization plan, including both sales and spinoffs. On the spinoff front, it separated Remy International at the end of… Read More »

September Spinoffs: Fall & Quarter End Brought Plenty Of New Companies

While it was no Summer of Spin, the month of September witnessed plenty of activity on the spinoff front. In the days prior to month end: SPX Corporation (SPXC) spun off its flow products business into the aptly named SPX FLOW (FLOW) Fidelity National Financial Ventures (FNFV) unloaded part of its restaurant empire into J. Alexander Holdings (JAX) in a… Read More »

Bye Fidelity- Restaurant Anti-Chain J Alexander To Be Spun Off Next Week

Fidelity National Financial (FNF) went on a buying spree during the crisis and snapped up an eclectic bunch of assets. The company set up a tracking stock, quite a rare breed, FNFV, in order to track the value of this eclectic group of businesses. After some prodding from Corvex Capital, the company is now in the process of monetizing… Read More »