Sun Healthcare Group Inc. (SUNH) recently announced their intention to split the company into two – a real estate operating company (Sabra Health Care REIT) and a nursing care/healthcare services company (Sun Healthcare Group). The transaction is expected to be completed in the fourth quarter of this year and the company plans to raise additional capital through an… Read More »
Vishay Precision Group (VPG), a proposed spin-off of Vishay Intertechnology. Upon completion of the spin-off, VPG will trade on the NYSE under ticker symbol VPG. VPG is in the business of designing, manufacturing and marketing Foil Technology Products (strain gages, ultra-precision foil resistors, and current sensors) and Weighing Modules and Control Systems (transducers/load cells, instruments, weigh modules, and… Read More »
Image via Wikipedia One potential hurdle for Questar’s (STR) proposed spinoff was cleared earlier this week as the company’s Board of Directors approved the transaction. The new company, QEP Resources, Inc is expected to trade on the NYSE under the symbol “QEP” and will be comprised of the natural gas and oil exploration and production (E&P) and midstream field services businesses.… Read More »
Image via Wikipedia First American Financial Corporation is scheduled to be spun-off from First American Corporation later on this year (from the proxy filed 4/26/10 the targeted date is June 1st 2010). Spin-offs are some of my favorite investments because some of them offer distinct advantages over other investments: 1. When they begin trading, they are more prone… Read More »
Image via Wikipedia By the time United Technologies(UTX) offered to purchase Babcock & Wilcox for $42 per share in March 1977, the company’s storied history already extended over a century. Founded to manufacture and sell the water tube boiler invented by Stephen Wilcox, the company’s products powered the first New York City Subway, Teddy Roosevelt’s Great White Fleet and the… Read More »
CXO Advisory recently reviewed the literature regarding spinoffs, and brings several relevant studies which detail positive returns for spinoffs. The abstracts presented describe some interesting results, we hope to take some time to review the papers themselves in the near future.
Just wanted to call everyone’s attention to the new discussion board we launched last week. There has already been some early activity. Please head over and join in!
Image via Wikipedia Questar(STR) announced on April 21 that it is considering separating its unregulated exploration and production (E&P) business from its regulated utility business, creating two independent companies. According to that press release, Questar currently consists of six businesses: Questar Exploration and Production Company, a diversified natural gas and oil-exploration and production company; Questar Gas Management, a… Read More »
Tyco(TYC) announced today that it intends to spin off its Electronic & Metal Products division. The former conglomerate intends to file more information with the SEC over the next few months, and to complete the transaction in the first half of 2011. The business to be spun off “designs, manufactures and sells galvanized steel tubes and pipes, electrical… Read More »
Welcome to Stock Spinoffs! We conceived this site in response to our inability to find a reliable source of free information on upcoming stock spinoffs. Spinoffs are a type of special situation, and savvy investors have long known that they can be a great way to find value and profit. It is well known that most corporate M&A… Read More »