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In October 2000, AT&T announced that it would break itself into three separate companies with four separate stocks.
To be clear, Google has thus far given no indication that it plans to create separate stocks.
But the management conflicts of having two separate divisions and two separate stocks under one roof proved too great.
He makes separate "stocks" of dark and white chocolate by cooking them in water, then clarifies them into fat-free liquids, one brown and one colorless.
Having separate stocks also allows Malone to place bets when he believes that one line of business is not correctly valued by investors.
Last year, at AT&T's annual strategy review, the company said it would pursue a spinoff of its cable operation as part of a broad restructuring that would create three companies with four separate stocks.
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AT&T Wireless, which trades as a separate stock, has been strong.
There would be separate stock, so that principals in "Ops Co". could not own stock in "Apps Co".
Loeb wanted a separate stock listing for the studios, with 20% of the equity to be traded publicly.
It said it intended to create a separate stock option plan for Securify, its information security group.
Cairn has recently hived off this business at a big profit through a separate stock market flotation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com