It’s always interesting when a new company comes to market and doubly interesting when it’s a spinoff. In reality, two new companies came out of the spinoff of Solventum (NYSE: SOLV) and 3M (NYSE: MMM) — a newly created healthcare company and an industrial conglomerate without a healthcare business. Introducing Solventum Solventum is a healthcare company […]
Tag: spinoff
J&J to exit spinoff Kenvue with latest stake sale
(Reuters) -Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business. Based on Kenvue stock’s last close, the offering of 182.3 million shares would be worth about $3.75 billion, according to […]
TC Energy’s oil pipeline spin-off faces obstacles in bet on US Gulf
By Rod Nickel WINNIPEG, Manitoba (Reuters) – TC Energy’s planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it starts up. The South Bow spin-off, which TC investors will vote on June […]
Alt-space history series ‘For All Mankind’ gets 5th season, new ‘Star City’ spinoff
Apple TV+ is headed back to the past, and the future, with another season of the alternate space history drama “For All Mankind” and a new spinoff series, “Star City.” The streaming service announced the fifth season renewal and companion show on Wednesday (April 17), confirming that creators Ronald D. Moore, Matt Wolpert and Ben […]
‘Sonic the Hedgehog’ dashes back to theaters with Keanu Reeves in the cast. What to know about the upcoming film and spin-off TV series.
The world’s most famous and fastest hedgehog, Sonic, is returning to the big screen in 2024. However, right now, he’s being overshadowed by another big name joining the franchise: Keanu Reeves. The John Wick and Matrix star has reportedly joined the cast of the upcoming film Sonic the Hedgehog 3, voicing the character Shadow the […]
Kansas deputies find ‘Yellowstone’ spinoff actor, Cole Brings Plenty, dead in woods
The actor of the television series ‘1923,” Cole Brings Plenty, was found dead April 5 in a wooded area near an abandoned vehicle, according to a Johnson County, Kansas, Sheriff’s Office statement. Sheriff’s deputies responded to a call of an unoccupied vehicle when Brings Plenty’s body was discovered, according to the statement. The 27-year-old’s family […]
‘Yellowstone’ spinoff actor Cole Brings Plenty found dead at 27
“Yellowstone” spinoff actor Cole Brings Plenty found dead at 27 after going missing
The “1923” actor had been sought by Kansas police in connection with an alleged domestic violence incident. Cole Brings Plenty, the actor known for appearing on the Yellowstone prequel series 1923, has been found dead at 27 after going missing and being sought by Kansas police in connection with an alleged domestic violence incident. The […]
‘Yellowstone’ spinoff actor Cole Brings Plenty missing, accused of domestic violence
Both police and family members are searching for missing actor Cole “Coco” Brings Plenty, 27. Brings Plenty, who appears in the “Yellowstone” spinoff show “1923” as Pete Plenty Clouds, is wanted following an incident on March 31 in Lawrence, Kansas, a university town around 40 miles west of Kansas City. “Lawrence Police have submitted an […]
‘Yellowstone’ spinoff actor Cole Brings Plenty missing, accused of domestic violence
Both police and family members are searching for missing actor Cole “Coco” Brings Plenty, 27. Brings Plenty, who appears in the “Yellowstone” spinoff show “1923” as Pete Plenty Clouds, is wanted following an incident on March 31 in Lawrence, Kansas, a university town around 40 miles west of Kansas City. “Lawrence Police have submitted an […]
Analysis-Investors hope GE spinoff will defy poor track record of breakups
By David Randall NEW YORK (Reuters) – As General Electric completes its $191.9 billion breakup, bullish investors are betting it will defy the lackluster share price performance that has followed many corporate spinoffs over the last few decades. Shares of GE were up nearly 37% this year as of Monday and stood near a seven-year […]
Another vestige of Carlson travel empire sold, this one to Amex spinoff for $570M
Minneapolis-based CWT, a business travel and meeting management firm that was part of a prominent Minnesota family’s business legacy, will sell to rival American Express Global Business Travel for $570 million, the companies announced Monday. The merger, which should close in the latter half of this year, blends two of the biggest corporate travel entities. […]