Mr. Icahn has called on Oshkosh to spin off a unit, JLG Industries, a construction equipment maker, to improve its value.
Time Warner's decision on Wednesday to spin off the legacy of Henry Luce's 1920s vision represents the last step in dismantling the empire.
The announcement comes two months after activist investor William Ackman put pressure on Target to spin off its credit-card division.
We're on track to spin off AOL to our stockholders around the end of the year.
Any decision on spinning off the new company would come later, Telmex said.
Deutsche Telekom is planning on spinning off T-Online this spring and taking the company public.
Alitalia's trick this time seems to turn partly on spinning off non-flight operations, such as ground handling and maintenance, into a separate company called Alitalia Servizi.
The little poems caught on, spinning off a Web site, a book and, incidentally, a career for Mr. Naparstek as a clean-transportation advocate.
The promotion of Mr. Kumar, 38, who is also the chief operating officer, will allow Mr. Wang to concentrate on spinning off the company's technology into new companies.
It has two basic programs: a five-day course on how to research and write grant proposals and negotiate with financing sources, and a three-day workshop on spinning off products and services (think Girl Scout cookies, Salvation Army stores).
The conglomerate said on Thursday that it was focusing on spinning off its entire consumer and industrial unit, which includes the appliance business it has tried to sell for the last two months.
