On the day the divestiture is announced, The Spin-Off Report
transmits an email containing available logistical
information and an initial opinion. Additionally, throughout
the spin-off process, emails will be sent between Spin-
Off Calendar publication dates to update clients with time-sensitive
and material information regarding the details of
the divestiture.
COMPREHENSIVE SPIN-OFF ANALYSIS
Comprehensive analysis of every spin-off will provide the earliest
available projections and valuations for these
forthcoming independent companies. Investment opportunities
are highlighted within subsidiaries to be divested, as
well as parent companies that will benefit from these pending
transactions.
SPIN-OFFS OF TOMORROW
This report provides a detailed overview and analysis of companies
believed to be candidates for pursuing a future
spin-off, split-off or other form of divestiture of one or more
subsidiaries or business segments. The authors
endeavor to provide a unique viewpoint regarding the rationale
for, and implications of such transactions from a
strategic, financial and valuation perspective. The report will
be published periodically as spin-off candidates are
identified, and will be followed by additional reports when
anticipated transactions actually occur.
BITS & PIECES
The Bits & Pieces Report is a monthly arbitrage supplement
that identifies opportunities that occur when substantial
fluctuations in the value of a company’s public and private
holdings create an undervalued “stub” security. Such
valuation discrepancies may provide a more efficient means to
gain exposure to equities held by the parent, or may
be exploited by the use of pair trades or similar strategies.
These situations are highlighted and monitored on a
continuous basis.
THE SPIN-OFF REPORT COMPENDIUM
Published on a monthly basis, The Spin-Off Report Compendium
provides an effective forum for Murray Stahl to
discuss restructurings outside the realm of spin-offs, as well
as intriguing divestitures in foreign markets. Certain
spin-offs may fall out of favor before they realize the full
benefits of independence from the parent company. These
spin-offs will be revisited in the Compendium, with the most
compelling situations expounded upon in full length
research reports.
