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It also might spin off the business to shareholders.
"It has moved off the business pages into the front page".
Kraft objected to the deal termination, but Starbucks broke off the business relationship nonetheless.
But instead, they broke off the business end of the drill, called the hammer.
The company sold Post cereal in 2008 to Ralcorp Holdings, which just recently announced plans to spin off the business.
Raytheon, based in Lexington, Mass., said last week that it was in talks to sell or spin off the business.
Much of Refco's assets were acquired in bankruptcy by the Man Group, which later spun off the business and renamed it MF Global.
Still, Time Warner did spin off the business free of debt, and AOL's stock price has almost doubled since the time of the split.
In 1965, Mr. Fender sold to CBS, which spun off the business 20 years later in a deal with a pair of businessmen, William Schultz and William Mendello.
The Justice Secretary, Michael Gove, recently signed off the business case for the privatisation of collecting court fines – America's Synnex-Concentrix is preferred bidder.
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The broadcaster had been desperately seeking to sell-off the business, which has been bound by a loss-making contract with the Vue chain, because it has been a considerable drag on the company's financial performance.
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