Soaring markets and the rise of shareholder activism have compelled companies to plan spinoffs at a rate unseen since at least 2008. There’s no end in sight for the frenzy as these new stocks keep finding ways to beat the market. More than 100 companies this year have announced plans for spinoffs on U.S. exchanges, a 54 percent increase from the same time last year, according to data compiled by Bloomberg. This momentum could continue regardless of how the broader market performs, according to Jonathan Morgan, a deals analyst at The Edge Consulting Group.
- Why UK Discount Retailer Primark Should Spinoff To Unleash Real Value For Investors
- US Defense Firms Will Strike It Rich Amid Saudi Oil Hit And Iranian 2020 Election Hack
- Tire Companies Goodyear And Cooper Seem Ready For A Blowout As Market Declines Point To A Merger
- MSG Is Courting A Slam Dunk For Investors With Plans To Spinoff The Knicks And Rangers
- ‘Champions League’ Hedge Fund Says Puma Spinoff Is Part Of Its 17 Percent Stellar Performance
- Why Amazon Could Be Trumped In Its JEDI Mission
- Uber IPO: Why This Could Be A Mythical Unicorn
- Exclusive: Shareholders Are King As Activist Cruiser Warns Boards Are Broken
- Insider Buying And A Spinoff Mean It’s Time To Take A Second Look At Arconic
- Why Debt, Scandal, And An Angry Trump Should Have AT&T Considering A Break-Up
- The Death of Value Investing
- 21st Century Fox Takeover: Are Investors At Risk Of A No Deal Disney?
- Ferrari Spinoff Shares Spike As CEO Camilleri Buy Bolsters Bulls
- The Edge CEO: Why Merck & Co should spin off its animal health division
- Why Following Activist Investors Can Make Your Cash Work For You In 2019