Tag Archives: Masco

Summer Of Spin: Day 2 Roundup Featuring Baxalta And Friends

The ‘Summer of Spin’ rolls on and yesterday witnessed the completion of three more spin offs: Masco (MAS) separated its installations and services into TopBuild (BLD) TriMas (TRS) spun off its former Cequent units as Horizon Global (HZN) Babcock & Wilcox (BWC) changed its name to BWX Technologies (BWXT) and spun off its power generation unit as Babcock &… Read More »

Summer Of Spins Shakes Up S&P Indexes

The unprecedented number of spins this week has kept the folks at S&P working overtime making changes to their indexes. Last week, AOL(AOL), a spinoff of Time Warner(TWX) was acquired by Verizon(VZ), a conglomeration of several spinoffs of the original AT&T(T). As a result, Casey’s General Stores(CASY) will move from the S&P SmallCap 600 to take its spot in… Read More »

Get Ready- The Summer Of Spin Kicks Off With Ten Spinoffs Coming Your Way This Week

Calling all spinoff lovers – it’s time to get your hard hats on because the end of this month is going to be crazy. Just call it the ‘Summer of Spin’. In the somewhat improbable five plus years we have been running this site (and I am willing to bet over the course of history), there has never… Read More »

Will TopBuild Be A Summer Blockbuster Or This Year’s Gigli? Coming To A Brokerage Account Near You July 1

Paging Maverick and Iceman. Last June, Masco(MAS) CEO Keith Allman signaled that structural change was afoot.  A year later, the company is poised to spinoff its Installation and Services business into TopBuild(BLD). Masco shareholders as of June 19, 2015 will, on June 30, 2015, receive one TopBuild share for every nine Masco shares held. Keith Allman, Masco’s President… Read More »

TriMas To Channel Roberto Duran, Say No Mas To Horizon Global On June 30

TriMas(TRS) has had a long and winding road as a company. It originally began life as Campbell Industries, headed up by former Masco(MAS) executive Brian Campbell.  Masco backed Campbell and sold many of its smaller manufacturing businesses to Campbell, resulting in a name change to TriMas. TriMas, owned largely by Masco, continued to acquire manufacturing assets until its… Read More »

New Masco CEO Allman May Spin Off Businesses- Tells WSJ “I’m not a status quo guy”

You may not know Masco (MAS) but they’re in your bathroom, they’re in your kitchen, they’re even in and on your walls. With brands such as Delta faucets, Behr paints, KraftMaid cabinets, and one of the largest installers of insulation products, Masco grossed $8.2 billion in revenue in last year, down from a 2006 peak of $12.7 billion.… Read More »