Topic
Corporate Spin-Off
3 stories related to this topic, newest first.
finance.yahoo.combusiness7 days ago
FedEx Freight Becomes Independent Company With $9 Billion Revenue After Separation From Parent
The less-than-truckload carrier gains independent control over capital, technology, and sales after operating inside a nearly $90 billion parent.
finance20 days ago
FedEx Freight Begins Trading as Independent Company After Spin-Off From Parent
FedEx Freight started trading Monday as a standalone company following its separation from FedEx. The largest less-than-truckload carrier in North America generated $9 billion in revenue inside the parent company.
Substrate placeholder — needs reviewai46 days ago
Flex to Spin Off Cloud and AI Data Center Infrastructure Into Separate Public Company
Flex CEO Revathi Advaithi said the electronics manufacturer will separate its cloud and power infrastructure division into a new publicly traded entity. Advaithi told CNBC's Squawk Box that the timing makes a lot of sense for the move. The segment featuring her comments aired fou…
SQ