29 June 2020
Idea Generator: Don’t Miss These Two Long-Term Value Spins This Week
This is the week! While a shorter week for the US markets, two Spinoffs will begin their first day of trading this Wednesday (July 1). The anticipated value creation split in Barry Diller’s IAC/InterActiveCorp (IAC) and Finland’s Metso Corp. (MEO1V FH). We recommend new investors to buy IAC (and current investors to hold) and to wait for a better entry point in Metso post-Spin. For more on each situation, click the link below or the PDF attached to this email.