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Spin-Offs: Why Do Companies Do It, And What They Might Mean To Your Portfolio
Friday, August 1, 2014 - 3:43pm | 1033Synchrony Financial (NYSE: SYF), also known as GE Capital, spun off on Thursday. Earlier in the week, Windstream (NASDAQ: WIN) received a private letter ruling from the IRS, regarding the tax implications of a spin-off consisting of its fiber and copper network. The recent...