MAKE Music New York, a free daylong celebration of amateur and professional music making spun off from the 30-year-old Fête de la Musique in Paris, has enlivened the summer solstice in New York with prodigious displays and subtle experiences alike since 2007.
Vittorio Colao, the chief executive of Vodafone, has said BT should be made to spin off its broadband network, Openreach.
Company spokesman Jerry Dubrowski said BofA determined the business was "not strategically critical to customers and our clients" and the decision was made to spin off the unit.
But they are the maquiladores, the money-making spin-off from the 1994 NAFTA agreement establishing a free trade area from Canada to Mexico.
Mr. Gilmartin started making plans to spin off the troublesome unit, but then The Wall Street Journal revealed that Merck had booked billions of dollars in revenue that Medco had never actually received.
Its corporate parent, Time Warner, which has a broad and lucrative array of entertainment assets, was making plans to spin off much of the tattered print unit in a shotgun marriage with Meredith, a Midwest-based company that was trying to do much the same thing.
"It seems obvious to us that maintaining the long-term integrity of any entertainment property has been dependent on not making substandard spin-off products or ceding control to people whose primary interest is making a quick buck," said Dan Houser, Rockstar Games' vice president of creative.
As one industry veteran understandably says: "I wouldn't be able to justify [those kinds of margins]." Stripping out the one-off $10bn£6.2bnbn) the company made from spinning off its animal health business leaves a margin of 24%, still pretty spectacular by any standard.
Maybe all that togetherness promotes daydreams of independence: This fund focuses on divestitures, and on the money that can be made when companies spin off chunks of themselves.
About the benefits of eliminating the capital gains tax he says, bluntly: "It takes away excuses about why it didn't make sense to spin off certain companies.
What's interesting is that for the arms, NAIST uses WAM, robots arms with 7 joints that are made by MIT spin off Barrett.
