News & Press

    Activist Threat Seen Pushing Mega-Cap Laggards Into Spinoff Mode

    By Drew Singer / Bloomberg News:

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    Insider Supremo George Muzea Joins The Edge Amid Market Demand for Fresh Analysis

    Breaking up may not be hard to do if Amazon’s Jeff Bezos is to be believed, but when it comes to companies – the special situations market is growing arms and legs. Now, as money managers scramble for value, legend George Muzea is partnering with trendsetting firm The Edge following the success of their quarterly Spinoff conference in NYC.

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    Sports Betting, Advertising Spinoffs Pitched at Traders’ Huddle

    By Drew Singer / Bloomberg News:

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    The Special Appeal of Spinoffs

    By Antonella Ciancio / Global Finance:

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    Frenzy of Spinoffs Swells to Fastest Pace Since Financial Crisis

    Soaring markets and the rise of shareholder activism have compelled companies to plan spinoffs at a rate unseen since at least 2008. There’s no end in sight for the frenzy as these new stocks keep finding ways to beat the market. More than 100 companies this year have announced plans for spinoffs on U.S. exchanges, a 54 percent increase from the same time last year, according to data compiled by Bloomberg. This momentum could continue regardless of how the broader market performs, according to.

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    Here’s the Scoop on The Spinoff Conference

    The Edge held the very first Spinoff conference in NYC on Wednesday, June 6 at the exclusive Penn Club on 44th St. to a packed room. With almost 100 money managers, The Edge debated where, if any, Spinoffs make money. The event was non-profit, and all donations went to the Alzheimer’s Association. We are proud that, together, we raised $5,500.

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    This is Why You Should Ignore Insider Selling

    Benjamin Franklin said there were only two things certain in life: death and taxes. Some things may be obvious, but not quite certain. Insider selling is one of those in my opinion. As markets and companies become more in-line with fair value, it can become much harder to extract value from companies, particularly with the shift and impact in technology, governments, regulatory changes and the general environment. This can give rise to a few different variables that I’ve seen affect executives.

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    This is Why IPOs are About to Become Interesting

    Most of you well know that I have been calling the death of the big banks for years. They are institutions that are beyond their sell-by date. They kill you on fees and are just not a part of this new world where everyone wants to see the value before they pay a dime. Even down to everyday stuff, you are forced to pay what they demand in terms of banking charges.

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    This is How The Edge Defines a Special Situation

    I got a tremendous response two weeks ago in my letter entitled What is a Spinoff?, where I outlined three of the most important points to look for in a Spinoff investment. I’m glad it helped clarify this obviously profitable but difficult to navigate area. This week I thought I’d detail how The Edge defines a special situation.

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    What is a Spinoff?

    I used to say to people, “I don’t know what is going to happen. I don’t have a crystal ball.” It was probably the right thing to say 10 years ago, but today, our client partners and your investors (if you have any) are essentially paying you to have that skill and expect it! Quite a feat. We will return to this a little later.

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