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dweasel92

09/17/18 3:59 PM

#18501 RE: Diversified #18500

Well, it depends on how they spin it off. If they retain a large share ownership under PHIL, then that would be under the assets of PHIL, which would help the overall value of the company (and should help the share price, should those shares eventually be worth something). If they just go full spin-off and don't retain ownership, then the dividend would be the only benefit. $PHIL