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Fidelity National Information Services, Inc. Message Board

  • tophermca tophermca Jun 6, 2008 10:03 AM Flag

    Spin Off - What will it do to FIS stock??

    I don't have any experience with spinoffs. The research I have done states that historically, spinoffs have a 5 year return of about 75% for the aggregate of both of the stocks, but I'm interested in what is going to happen to the FIS stock in the short term.

    On July 2, once the spinoff is complete from a shares perspective, I assume that the FIS stock is going to fall somewhat proportionally to the valuation of the new LPS stock??

    Does anyone have experience with this and know the basic trend for the post-spinoff stock??

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FIS
57.06+0.31(+0.55%)Sep 2 4:02 PMEDT

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