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[C8.] Eastman Chemical to Split Into Two Eastman Chemical said that it planned to split into two companies to protect its fast-growing specialty chemicals business from the ups and downs of prices for commodity plastics and fibers.
Wasserstein, who advised Viacom on its recent split into two companies, is unapologetic about representing Icahn.
In 2011 it split into two companies: Motorola Mobility and Motorola Solutions.
The same week, E.ON, a big German utility, announced its decision to split into two companies.
Early next year, the electronics brand will split into two companies.
The company plans to split into two companies by June 30.
After the Fortune 500 list was released, HP split into two companies, and both are shown.
In June News Corp will split into two companies and separate its publishing assets from its film and TV business.
The agreement also appears to remove any practical chance that MBIA's split into two companies will be reversed.
So Mr. Peltz wants PepsiCo to buy Mondelez and then split into two companies: beverages and snacks, including Mondelez.
Mr. Richter of Banc of America said the split into two companies would probably be tax free to Aetna shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com