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The current leader, Laura Lang, announced she would leave when the spin off was unveiled.
Charles Wyplosz, an economics professor at the Graduate Institute in Geneva, said the idea that Greece should spin off was "as silly as could be".
Baycol, once the mainstay of a drugs unit that Bayer is trying to spin off, was withdrawn in August 2001 after dozens of deaths worldwide.
The industry leader, Kraft Foods, which majority owner Altria is planning to spin off, was up 2.2%, or 74 cents, to $34.31.
On October 24, 2007, The Hollywood Reporter reported that a spin off was under development, tentatively titled Prison Break: Cherry Hill.
The Harry Potter spin off was written nearly 20 years after the franchise first hit the shelves and is conservatively estimated to bring in a whopping $620,000.
Similar(52)
P8 Spin Off is no Bake Off.
The spin off is part of Time Warners desire to become a purely content-focused company.
Lucent, outside of Agere, which is what they're going to spin off, is trading at an average of about 1.5 times sales.
Also being spun off is the company's real estate unit, which operates under the name Forestar Real Estate Group.
When there's wind of an impending breakup, the mother company and the business to be spun off are analyzed as if separate.
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