In January 1996, Dun and Bradstreet Corp. announced plans to split into three entities: an information services
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In January 1996, Dun and Bradstreet Corp. announced plans to split into three entities: an information services core to include Moody’s credit-rating agencies, a company that would include the Nielsen media-rating business, and a third entity that would focus on tracking consumer packaged-goods purchases. D&B was not alone, because many companies voluntarily split up in the 1990s. Why might a firm do this? Is there a possibility of reverse synergy?
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Fundamentals of Corporate Finance
ISBN: 978-0071051606
8th Canadian Edition
Authors: Stephen A. Ross, Randolph W. Westerfield
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