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March 2, 2005

All Business: Despite merger mania, spinoffs also popular

  • Sometimes the parts are worth a lot more than the whole.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK — Breaking up may be hard to do, but not for some corporate marriages that may fare better after divorce.

    While a surge in takeovers has stolen the spotlight on Wall Street lately, not everyone is seeing the value of pairing up with someone else. In fact, some big companies — including American Express and Sara Lee — have announced plans to spin off units they feel could gain more by operating on their own.


     
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