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The problems potentially facing Europe's banks were stoked last week by Citigroup's announcement that it would split its operations in two, separating its traditional banking business from the company's riskier assets, as it posted a $8.3 billion fourth-quarter loss.
To rectify the situation, the company plans to undo its expansion binge, splitting the company in two, separating Monster from the headhunting and staffing units, as early as next month.
In the United States, a federal judge ruled in 2000 that Microsoft had violated antitrust law and ordered it split in two, separating the operating system from the rest of the company.
See articleMcGraw-Hill became the latest big company to announce that it is splitting in two, separating its markets business, which includes the Standard & Poor's credit-ratings agency, from its education-services division to trade as two independent companies.
His ambitions to take over BSkyB frustrated, he handed some of News Corp's spare cash back to investors, in the form of buy-backs that boosted its share price.More momentous for shareholders, Mr Murdoch agreed to split his company in two, separating its high-growth film and television assets from the declining newspaper business, which was exposed to the scandal's legal liabilities.
Investors sold Microsoft stock wholesale amid worries the government would split the software giant in two, separating the operating system from the application business.
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