To: RockyBalboa who wrote (276 ) 12/8/1998 1:13:00 AM From: Stewart Whitman Read Replies (2) | Respond to of 1185
A summary of the lastest spin-off information. Stew Spin-offs In Progress: ---------------------- New: GM (NYSE:GM) to spin-off Saturn dealership units - ? newsalert.com Hemispherx Biopharma (AMEX:HEB) to spin-off hepatitis division - ? newsalert.com newsalert.com newsalert.com Citizens Utilities (NYSE: CZN) to spin-off telecommunications businesses - second half 1999 newsalert.com Hoechst (NYSE:HOE) to spin-off commodity chemicals and acetate products - Mar. 1999: newsalert.com newsalert.com PeopleSoft (NASDAQ:PSFT) to spin-off a R&D firm - ?: newsalert.com fnews.yahoo.com biz.yahoo.com IMS Health (NYSE:RX) to spin-off ownership of GartnerGroup, Inc. (NYSE: IT) - 3Q 1999: newsalert.com newsalert.com Meditrust (NYSE:MT) to spin-off healthcare financing - latter part of 1999: newsalert.com Western Wireless (NASDAQ:WWCA) wireless business - ?: newsalert.com New Announcements: STAC (NASDAQ:STAC) spinning-off network IC/software ops - record Dec. 1 trading Dec. 15: newsalert.com newsalert.com Dupont (NYSE:DD) IPO of Conoco with spin-off following - 3Q 1999: newsalert.com Rockwell (NYSE:ROK) to spin-off Semiconductor Ops - record Dec. 11: newsalert.com newsalert.com Penzoil (NYSE:PZL) and Quaker State (NYSE:KSF) merger/spin-off of consumer/E&P co. - record Dec. 10: newsalert.com newsalert.com newsalert.com newsalert.com pennzoil.com newsalert.com newsalert.com newsalert.com Bindley Western (NYSE:BDY) spinning-off 82% of Priority Healthcare (NYSE:PHCC) - record Dec. 15, trade Dec. 31: newsalert.com LSB Industries (NYSE:LSB) spinning off auto products - January 1999: newsalert.com newsalert.com Varian Associates (NYSE:VAR) to separate semi-equip, healthcare, instruments - guess Mar. to mid 1999: newsalert.com newsalert.com businessweek.com Pulitzer (NYSE:PTZ) spinning-off newspaper publishing/new media as part of merger - by year-end 1998: newsalert.com Cincinnati Bell (NYSE:CSN) spinning off Convergys (NYSE:CVG) (IS and billing) - record Dec. 1, trade Dec. 31: newsalert.com newsalert.com newsalert.com newsalert.com cincypost.com Complete Wellness Centers (NASDAQ:CMWL) spinning-off Optimum Health: newsalert.com GM (NYSE:GM) split-off/spin-off of Delphi auto-parts - during 1999: newsalert.com newsalert.com Akzo Nobel NV (Nasdaq:AKZOY) spinning off fibers business - 1999: newsalert.com newsalert.com Kansas City Southern (NYSE:KSU) separating asset management/transportation - cancelled for now: newsalert.com newsalert.com Old: Hilton Hotels (NYSE:HLT) to spin-off gaming company - year-end 1998: biz.yahoo.com newsalert.com newsalert.com Energy Research (AMEX:ERC) separating battery from fuel cells - around Oct. 31, 1998: newsalert.com Jefferies Group (NYSE:JEF) spinning off ownership of ITGI (NASDAQ:ITGI) - late Jan., 1999: jefco.com jefco.com EXECUTONE (NASDAQ:XTON) spinning-off lottery subsidiary via rights offering: newsalert.com NeXstar Pharma (Nasdaq: NXTR) spinning-off biotech company - first half of 1999: newsalert.com Columbia/HCA (NYSE:COL) spinning off hospital groups - guess early 1999: Kranzco (NYSE:KRT) recap/spin-off of New America Intl. - postponed to Dec. 31, 1998: biz.yahoo.com Agouron (NASDAQ:AGPH) separating oncology division - tracking stock - by Dec., 1998: Hathaway (NASDAQ:HATH) spinning-off motion control business: Olin (NYSE:OLN) spinning-off specialty chemicals - Q1 1999: Republic Industries (NYSE:RII) spinning of 68.6% stake in NYSE:RSG - in 1999: Fairchild (NYSE:FA) spinning-off fasteners division: Dynamics Research (NASDAQ:DRCO) spinning-off internet company: Criticare Systems (NASDAQ:CXIM) spinning-off portion of Immtech News Corp. (NYSE:NWS) partial spin-off of Fox: Sprint (NYSE:FON) to spin-off ownership of PCS - ?: ESSEF (NASDAQ:ESSF) spinning-off Anthony & Sylvan Pools - IPO this year with distribution to follow: Fedders (NYSE:FJA, NYSE:FJC) to spin-off Melcor (solid-state head pumps): Spin-offs Completed: -------------------- New: 111698 NYSE:TNE - Tele Norte Leste (from NYSE:TBR) 111698 NYSE:TSP - Telesp (from NYSE:TBR) 111698 NYSE:EMT - Embratel (from NYSE:TBR) 111698 NYSE:TCS - Tele Centro Sul (from NYSE:TBR) 111698 NYSE:TCP - Telesp Celular (from NYSE:TBR) 111698 NYSE:TSD - Tele Sudeste Celular (from NYSE:TBR) 111698 NYSE:TMB - Telemig Celular (from NYSE:TBR) 111698 NYSE:TSU - Tele Celular Sul (from NYSE:TBR) 111698 NYSE:TRO - Tele Centro Oeste Celular (from NYSE:TBR) 111698 NYSE:TND - Tele Nordeste Celular (from NYSE:TBR) 111698 NYSE:TBE - Tele Leste Celular (from NYSE:TBR) 111698 NYSE:TCN - Tele Norte Celular (from NYSE:TBR) 110698 NYSE:WDR - Waddell & Reed Financial (from NYSE:TMK) 110698 NYSE:WDRb - Waddell & Reed Financial (from NYSE:TMK) 102998 NASDAQ:BVRSF - BVR Systems (from NASDAQ:BVRTF) Old: 101698 NASDAQ:MRYP - Merry Land Properties (from NYSE:MRY) 092898 NASDAQ:MTRS - Metris (from NYSE:FHUT) 092898 NASDAQ:AMZ - American Medical Security (from NYSE:UWZ) 092498 NASDAQ:LWIN - Leap Wireless International (from NASDAQ:QCOM) 091598 NYSE:IEG - Insignia/ESG Holdings (from NYSE:AIV as part of merger) 090398 NASDAQ:CLRP - Cellular Comms. of PR (from NASDAQ:COMMF) 090198 NASDAQ:PPCO - Penwest Pharmaceuticals (from NASDAQ:PENX) 081998 NASDAQ:CSON - Cohesion Technologies (from NYSE:CGEN) 081098 NYSE:PME - Penton Media (from NYSE:PRYA) 080698 NYSE:BH - Bristol Hotel & Resorts (NYSE:FCH as part of merger) 080398 NYSE:MMH - MeriStar Hotels & Resorts (NYSE:MHX as part of merger) 070298 NASDAQ:JPSP - JPS Packaging (from Sealright merger) 070198 NYSE:NMR - Nielsen Media Research (from NYSE:RX) 062998 NYSE:TP - TNT Post Group (from NYSE:KPN) 062398 AMEX:AWX - Avalon Holdings (from NYSE:AW) 062298 NYSE:RHD - R.H. Donnelly (from NYSE:DNB) 061898 NASDAQ:MTLX - Marine Transport Lines (from NYSE:OMM) 061898 NYSE:CTZ - Chicago Title (from NYSE:Y) 061698 NASDAQ:CCHE - Clinichem (from NASDAQ:BCHE) 061598 NASDAQ:HGPI - Horizon Group Properties (from NYSE:PRT) 061098 NASDAQ:AZTC - Aztec Technology Partners (from NASDAQ:OFISD) 061098 NASDAQ:FLYR - Navigant International (from NASDAQ:OFISD) 061098 NASDAQ:SCHS - School Specialty (from NASDAQ:OFISD) 061098 NASDAQ:WORK - Workflow Management (from NASDAQ:OFISD) 051398 NYSE:OTL - Octel (from NYSE:GLK) 050198 NYSE:VC - Vencor (from NYSE:VTR) 040798 NYSE:AFS - Associates First Capital (from NYSE:F) 040698 NASDAQ:SONO - SonoSight (from NASDAQ:ATLI) 040198 NYSE:LVLT - Level 3 Communications (from Kiewit) 033198 NYSE:MWY - Midway (from NYSE:WMS) 032798 NYSE:AGX - Agribrands International (from NYSE:RAL) 032798 NYSE:SDH - Sodexho Marriott Services (from NYSE:MAR) 031398 NASDAQ:BEYE - Bolle (from NYSE:LNM) 031098 NYSE:VL - Vlasic (from NYSE:CPB) Spin-offs Considered: --------------------- New: Network Event Theater (NASDAQ:NETS) exploring spin-off of Internet subsidiary: newsalert.com IDT Corp. (Nasdaq:IDTC) considering spin-off of Internet holdings: newsalert.com newsalert.com Media General (AMEX:MEGa) proposal to spin-off cable assets: newsalert.com Bausch & Lomb (NYSE:BOL) to Review Strategic Alternatives For Eyewear newsalert.com New Announcements: Old: Mace Security International (NASDAQ:MACE) considering spin-off of anti-crime subsidiary: newsalert.com Harvey Entertainment (NASDAQ:HRVY) considering spin-off, etc.: newsalert.com National Income Realty Trust (NASDAQ:NIRTS) considering spin-off of apartment reit: Microage (NASDAQ:MICA) considering separating integration services/distribution: businessweek.com Tenneco (NYSE:TEN) considering split of auto-parts/container-board businesses: NovaCare (NYSE:NOV) considering spin-off: Unocal (NYSE:UCL) considering sale/spin-off of non-oil E & P units: Allegheny Teledyne (NYSE:ALT) considering separate consumer unit: Lynch Corporation (AMEX:LGL) considering splitting communications from manufacturing