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Gap will split into two publicly traded companies, with Old Navy as a stand-alone; stock surges

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Gap will split into two publicly traded companies, with Old Navy as a stand-alone

Gap Inc. said Thursday it will split into two independent publicly traded companies — Old Navy and an unnamed company, which will include its other brands. div >div.group >p:first-child">Its shares surged more than 20 percent in after-hours trading on the news.

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