Yes. It is supposedly going to be worth 2 to 4 bucks a share. Since you get 1 for 2, this would make the whole thing worth 1 to 2 bucks for Hathaway and still leave you with the DDI which has the agreement with RIMM (Research in Motion) plus whatever other business they acquire. They have already said they would spin-off DDI too.
They expect to do 2 to 3 spin-offs per year if all goes according to plan.