Tyco OKs spin-off of healthcare, electronics units: Financial News - Yahoo! Finance
Read the full article at: http://biz.yahoo.com/rb/070607/tyco_spinoffs.html?.v=2
Submitted by Nick on Thu, 2007-06-07 18:55.
(via biz.yahoo.com)
TYCO will be spining off two units at the end of this month.
I'll be watching the Tyco
I'll be watching the Tyco spinoff real closely.
George, Whitney said that
George,
Whitney said that LEAPs will be an attractive way to take advantage of this opportunity.
Tyco LEAPs
Hi Nick,
Where did Whitney say this? Was it at the Value Investing Congress West? Is the idea to buy LEAPs of Tyco before the spinoff or to try to find LEAPs of the new companies after the spinoff?
George, This was mentioned
George,
This was mentioned at VIC; however, he did not give specific instructions. He did give some tips on how to identify the most attractive of the 3 post spinoff companies (Think sum of parts DCF analysis). IIRC all of them were attractive it really depends on the investors opinions of the companies moving forward. That said I remember him saying that he had LEAPs for TYC I am unsure if they were OTC LEAPs or custom.