Time Warner Is Spinning Off Time Inc. Magazines
Time Warner said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded company by the end of the year.
Time Warner said Wednesday that it will spin off the magazine unit behind Time, Sports Illustrated and People into a separate, publicly traded company by the end of the year.
Sears is moving forward with plans to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company. Sears, which also owns Kmart, has looked at spinoffs and real estate sales to restore profitability and boost shareholder confidence.
Alibaba Group CEO Jack Ma told the the AllThingsD D9 conference that Yahoo should be broken into pieces. Ma may be in the midst of a beef with the search company, which holds a major stake in his firm, but despite the idea's source, a break-up could make sense financially.




