Bioverativ(BIVV), Varex(VREX) Spins And LogMeIn(LOGM)/Citrix(CTXS) Reverse Morris Trust Drive S&P Index Changes
As we near the end of the month, the completion of three spinoff transactions will be driving changes in various S&P Indexes. Citrix Systems(CTXS) will be spinning off its GetGo division which will then merge with LogMeIn(LOGM) in a reverse Morris Trust transaction. After the transaction is completed on January 31st, Citrix will remain in the S&P 500.… Read More »