TSR also has a unique track record and is the only firm in the world to cover every pure corporate Spinoff
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.
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
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
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
NEW YORK & LONDON -- The Spinoff
Report, the leading global pre-event investment advisor on Spinoffs
, with buy/sell recommendations and monthly updated deal review calendars that currently include 116 upcoming Corporate Spinoffs
sees hidden value in News Corp breaking-up.