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MeadWestvaco Charleston spin-off a response to activist investor's 'Dear John' letter

2015-01-11 15:23:35| Paper - Topix.net

The "Dear John" letter arrived at MeadWestvaco just over seven months ago. The company, led by CEO John Luke, delivered its latest response last week by pushing one of its fastest-growing offspring out of the nest.

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MeadWestvaco Charleston spin-off a response to activist investor's 'Dear John' letter

2015-01-11 15:14:24| Industrial Machines - Topix.net

The "Dear John" letter arrived at MeadWestvaco just over seven months ago. The company, led by CEO John Luke, delivered its latest response last week by pushing one of its fastest-growing offspring out of the nest.

Tags: john response letter dear

 
 

MWV to Spin-off Its Specialty Chemicals Business

2015-01-09 10:58:31| Paper - Topix.net

Jan. 8, 2015 - MeadWestvaco announced today that its board of directors has approved a plan to fully separate its Specialty Chemicals business from the rest of the company. The separation is expected to be executed by means of a tax-free spinoff of the Specialty Chemicals business to MWV shareholders, resulting in two independent, publicly traded companies.

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MeadWestvaco (MWV) Stock Climbing Today on Unit Spinoff Announcement

2015-01-09 02:44:29| Paper - Topix.net

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NRG spinoff picks up new assets

2015-01-06 00:36:55| Energy - Topix.net

NRG Energy Inc. has dropped down alternative energy power plant assets and more to its young spinoff, NRG Yield Inc. . NRG Yield, which launched in 2013 , paid $480 million in cash and assumed $737 million in project debt in order to acquire 785 megawatts of operating capacity, according to NRG.

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