Carveouts also benefit investors

Stock carveouts can be thought of as split-off IPOs or partial spinoffs. They’re a type of reorganization where a firm sets up one of its businesses as a separate company and uses an initial public offering to sell partial or minority interest in the new… Read More

We’ll keep an eye on these new spinoffs

NETGEAR INC. $64 (Nasdaq symbol NTGR; Manufacturing & Industry sector; Shares outstanding: 31.4 million; Market cap: $2.0 billion; No dividends paid; Takeover Target Rating: Medium; www.netgear.com) is a networking equipment provider for small businesses and home users. Its products include wi-fi routers, and both DSL and USB… Read More

The facts about … stock carveouts

Stock carveouts are also known as split-off IPOs or partial spinoffs. They’re a type of corporate reorganization where a firm uses an initial public offering to sell partial or minority interest in one of its subsidiary. It retains the rest—typically about an 80% stake.

By listing… Read More