In researching this article, I gained a little more confidence that the split-up of Abbott is well conceived, and that it is probably being well executed. I take with a grain of salt the company's statement that they are already operating as if they were two separate companies. If that were true, it would not take 12 months to split them up. The fact is that a lot of work needs to be done to effect the split for a company of this size and the apparent care they are taking in doing it right.
I also became more convinced that the split is more likely than not to "unlock value" not only in the sense of freeing both companies to pursue their separate businesses vigorously, but also in the sense of stockholders potentially valuing one or the other new company more highly as separate entities.
Source: Seeking Alpha
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A Look At Abbott's Pending Split
Posted by D4L | Thursday, June 07, 2012 | ArticleLinks | 0 comments »________________________________________________________________
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