Will Manitowoc’s spin-off create value for shareholders?
According to Deutsche Bank, Manitowoc’s share could be worth between $23 and $28 if it separates its businesses.
Gannett plans to split off into two publicly traded companies
In August last year, Gannett Company (GCI) announced that it plans to create two publicly traded companies. It expects to split off its publishing business by the middle of this year.
Behind Time’s Portfolio Rationalization
The magazines that Time has decided to unload are Coastal Living, Sunset, and Golf. Coastal Living focuses on home design and travel.
Broadcasting and Digital drove GCI’s 24% revenue growth in 4Q14
Gannett said that the revenue growth, for the quarter and the full year, was driven by the Broadcasting and Digital segments.