To: cfimx who wrote (283 ) 1/5/1999 1:48:00 AM From: Stewart Whitman Read Replies (4) | Respond to of 1185
A summary of the latest spin-off information. Stew Spin-offs In Progress: ---------------------- New: HRPT (NYSE:HRP) to spin-off ownership of most of senior living properties newsalert.com TDS (AMEX:TDS) to spin-off 82.3% ownership of Aerial Communications (Nasdaq: AERL) newsalert.com GenCorp (NYSE:GY) to spin-off polymer products company: newsalert.com Watts (NYSE:WTS) to spin-off Industrial, Oil, & Gas subsidiary - 3Q 1999: newsalert.com BankAtlantic (NYSE:BBX; NASDAQ:BANC) to spin-off real-estate company: newsalert.com New Announcements: PeopleSoft (NASDAQ:PSFT) to spin-off a R&D firm - record Dec. 31, 1998, dist. about Jan. 15, 1999: biz.yahoo.com newsalert.com fnews.yahoo.com biz.yahoo.com Varian Associates (NYSE:VAR) to separate semi-equip, healthcare, instruments - guess Mar. to mid 1999: newsalert.com newsalert.com newsalert.com businessweek.com Fedders (NYSE:FJA, NYSE:FJC) to spin-off Melcor (solid-state head pumps) - cancelled: newsalert.com Citizens Utilities (NYSE: CZN) to spin-off telecommunications businesses - second half 1999: newsalert.com newsalert.com EXECUTONE (NASDAQ:XTON) to spin-off lottery subsidiary - ?: newsalert.com Pulitzer (NYSE:PTZ) spinning-off newspaper publishing/new media as part of merger - after January 1999: newsalert.com newsalert.com Columbia/HCA (NYSE:COL) spinning off 2 hospital groups - end of 1Q/start of 2Q 1999: newsalert.com IMS Health (NYSE:RX) to spin-off ownership of GartnerGroup, Inc. (NYSE: IT) - 3Q 1999: newsalert.com newsalert.com newsalert.com Old: Hemispherx Biopharma (AMEX:HEB) to spin-off hepatitis division - ?: newsalert.com newsalert.com Hoechst (NYSE:HOE) to spin-off commodity chemicals and acetate products - Mar. 1999: newsalert.com newsalert.com Meditrust (NYSE:MT) to spin-off healthcare financing - latter part of 1999: newsalert.com Western Wireless (NASDAQ:WWCA) to spin-off wireless business - ?: newsalert.com Dupont (NYSE:DD) IPO of Conoco with spin-off following - 3Q 1999: newsalert.com LSB Industries (NYSE:LSB) to spin-off auto products - Jan. 1999: newsalert.com Complete Wellness Centers (NASDAQ:CMWL) to spin-off Optimum Health - ?: newsalert.com
GM (NYSE:GM) split-off/spin-off of Delphi auto-parts - 1999: newsalert.com GM (NYSE:GM) to spin-off Saturn dealership units - ?: Akzo Nobel NV (Nasdaq:AKZOY) to spin-off fibers business - 1999: newsalert.com Jefferies Group (NYSE:JEF) to spin-off stake in ITGI (NASDAQ:ITGI) - late Jan., 1999: jefco.com jefco.com NeXstar Pharma (Nasdaq: NXTR) spinning-off biotech company - first half of 1999: newsalert.com Agouron (NASDAQ:AGPH) separating oncology division - tracking stock - by Dec., 1998: Energy Research (AMEX:ERC) separating battery from fuel cells - around Oct. 31, 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 with distribution after: Spin-offs Completed: -------------------- New: 010499 NYSE:PPE - Park Place Entertainment (from NYSE:HLT) 010499 NASDAQ:CNXT - Conexant (from NYSE:CNXT) 010499 NYSE:PZE - Pennzoil Energy (from NYSE:PZL as part of merger) 010499 NYSE:CVG - Convergys (from NYSE:CSN) 010499 NYSE:PHCC - Physicians Healthcare (from NYSE:BDY) 010499 NASDAQ:LACO - Lakes Gaming (from NYSE:GND) 122998 NYSE:CLJ - Crestline Capital (from NASDAQ:HMT) 121698 NASDAQ:HIFN - Hi/FN (from NASDAQ:STAC) Old: 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) 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: RJR Nabisco (NYSE:RN) to consider spin-off of Nabisco (NYSE:NA) newsalert.com Fidelity Holdings (NASDAQ:FDHG) exploring spin-off of non-automotive activities newsalert.com New Announcements: Old: Network Event Theater (NASDAQ:NETS) exploring spin-off of Internet subsidiary: IDT Corp. (Nasdaq:IDTC) considering spin-off of Internet holdings: 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 Mace Security International (NASDAQ:MACE) considering spin-off of anti-crime subsidiary: Harvey Entertainment (NASDAQ:HRVY) considering spin-off, etc.: 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