About a month ago I wrote about corporate spinoffs in Forbes, focusing on the fact that the orphaned businesses actually tend to outperform their former parents and the market at large. The story featured ADT, a recent spinoff from Tyco, and the security system company has enjoyed a rally of almost 25% since its October debut.
About a month ago I wrote about corporate spinoffs in Forbes, focusing on the fact that the orphaned businesses actually tend to outperform their former parents and the market at large. The story featured ADT, a recent spinoff from Tyco, and the security system company has enjoyed a rally of almost 25% since its October debut.
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