New ‘golden route’ to value in 2014 markets / The Edge cites End of IPOs
Nov 9, 2014
By Amanda Lang, Presenter at CBC The Lang & O’Leary Show. Spinoffs are the “new golden route to value” for both investors and the companies involved, according to Ryan Mendy, COO of the New York-based firm, which has been involved in more than 200 spinoffs.
“Investors are very interested in this situation because you do have that unlocking value that comes from companies forming a better strategy, that’s ultimately more in line with their more interested shareholders,” said Mendy. He estimates $2 trillion US…