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Campbell Soup Company Message Board

  • brainyguy2007 brainyguy2007 Sep 19, 2007 9:22 AM Flag

    If Spinoff, What Happens To CPB Stock?

    Doesn't a spinoff of another company usually lead to a drop of the parent company's stock? Especially when the unit is producing a positive cash flow. (i.e. Wendy's spinoff of Tim Horton's)

    I like CPB as a long-term investment (world expansion, upside stock potential, etc.), but if the spinoff will drop the price, then I'll wait until that happens before buying in.

    What do you think will happen with CPB's stock if someone buys the Godiva unit?

    Thanks.

    bg

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CPB
47.27-0.39(-0.82%)Jul 6 4:02 PMEDT