spin-off
Cablevision May Spin Off Rainbow Unit
8:58AM 11/18/2010
Cablevision Systems Corp. (CVC) is considering spinning off its Rainbow unit, which includes cable channels AMC, Sundance and IFC.
The company may spin off the unit to its shareholders as a "tax-free pro-rata distribution," Cablevision said in a statement. The deal would be completed by mid-year...
Tyco Registers to Spin Off Electrical & Metal Products Unit
5:30AM 9/15/2010
Tyco International Ltd. filed documents with the Securities & Exchange Commission to spin off its Electrical & Metal Products division, which accounted for about 8% of its revenue last year. The company previously announced plans to spin off the unit in April.
AOL seeks to shrink workforce by a third after spin-off
12:20PM 11/19/2009
AOL after Time Warner will be a substantially smaller company, at least in terms of the number of people it employs. The Internet pioneer, which is the parent of DailyFinance, revealed the rough outlines of a long-anticipated downsizing Thursday, saying it plans to reduce its global workforce by...
Is Time Inc. CEO's move another sign of spin-off plans?
1:00PM 6/18/2009
Time Inc. CEO Ann Moore has extended her reign at the world's largest magazine company for another three years, signing a contract extension that will carry her through 2012, reports the New York Post's Keith Kelly. It's a small bit of continuity for a company whose future is very much up in the...
Time Warner will untie AOL after knotty near-decade
7:00AM 5/28/2009
The biggest business deal of all time will soon be undone.
Time Warner's (TWX) board is expected today to approve AOL becoming an independent company, The Wall Street Journal is reporting, according to the people familiar with the matter.
The separation would come about a decade after the merger...
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