Comment by ryandrake
5 hours ago
You can bet that if the board of directors could show that unscrambling the omelet would result in greater shareholder value produced, it would suddenly be really easy to do...
5 hours ago
You can bet that if the board of directors could show that unscrambling the omelet would result in greater shareholder value produced, it would suddenly be really easy to do...
Happened with Dow-Dupont! A three-way split, even (from a two-way merger). Took roughly two years and was the shareholders' plan from the start. By most accounts it went very smoothly.
[1] https://www.investors.dupont.com/news-and-media/press-releas...
[2] http://www.dow-dupont.com/
Progressive corporate taxation could make it happen for reasons other than dodging the ghosts of chemical sins past!
On a technical level it would still be a nightmare. But yes it would actually get done.
My first tech job was at HP, in 2015, started there just in time work and live through that split. That was a smoother one from what I hear but it was not a fun job to have at the time