shares moved up this week on news the U.S. conglomerate will go ahead with the US$7-billion spinoff of its NBCUniversal cable TV network business.While spinoffs may or may not lead to short-term gains, those organizational splits – where companies set up profitable subsidiaries as independent firms and hand out shares to their investors – often outperform comparable stocks in the long term.
From a list of U.S. and Canadian firms with spinoffs planned for 2025, we singled out those dividend payers with growth potential as well as takeover appeal.
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