As of late, other details about the "Black-ish"
spinoff are still being finalized.
Porrello said he doesn't believe the
spinoff of Travelers or the possible
spinoff of Employers Re portend a move away from convergence.
In its fundamentals, a
spinoff is set up as a standalone business with ownership given to the parent's existing shareholders through a distribution of common stock in the new business.
The minimum "bullet-proof" asset transfer is the amount a financially sound insurance company would charge to annuitize the
spinoff benefits, because an annuity purchase would be necessary if the plan were to terminate.
TSR has a unique track record and is the only firm in the world to cover every pure corporate
Spinoff.
Pepsico shares rose as much as 12 percent in heavy trading on The New York Stock Exchange on Thursday after The Wall Street Journal reported that a
spinoff was expected.
In any
spinoff involving receipt of property other than stock, careful planning is required to achieve the desired tax treatment - usually, corporate shareholders want dividend treatment and individual shareholders desire capital gains treatment.
At $656bn, around 54% of next year's due and potential
Spinoffs will spin out of the United States.
Clients say, being fully global; TSR [The
Spinoff Report[R]] demonstrably delivers hedge and mutual funds more ideas and analysis on Corporate
Spinoffs than any other research firm", Jim Osman, CEO of TSR .
TSR's 57 Month Track Record Of
Spinoff Recommendation
Released to clients recently, The
Spinoff Report's 60 page Full Pre & Post Valuation
Spinoff research of Tyco Intl' (TYC), The ADT Corp.
All the
Spinoffs were recommendations fully tracked and analyzed ahead of break-up by The
Spinoff Report's full research service provided to notable investors globally via their exclusive 40-50 page research reports on each and every global
Spinoff.
