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We are thrilled to have built a program of this calibre and have the ability to spin off a company in the self-driving space — there is no better testimony for the program.
Prudential also reiterated its "underweight" rating and $18 target price on Cablevision, saying that while there could be upside potential for the shares over the next 12 to 18 months, it continues to be concerned about management's ability to spin off its high-definition programming television service Voom.
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The company is seeking to spin off that unit.
Sprint too explored whether to spin off its Nextel unit.
Investors wanted Rhône-Poulenc to spin off its chemicals business.
Lucent also plans to spin off its microelectronics division.
CMGI recently filed to spin off Alta Vista.
MoviePass parent company to spin off MoviePass.
Will Piech want to spin off the truck division?
Berman persuaded JPMorgan to spin off the unit in 1998.
The decision to spin off Zimmer, then, is particularly interesting.
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