FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a tax-free spinoff of its merchant operations, the bulk of which comes from Worldpay, Reuters reported Friday (Feb. 10), citing sources...
Helios and Matheson Analytics, the parent company of MoviePass, announced Tuesday (Oct. 23) that the board has signed off on a preliminarily plan to spin off MoviePass. In a press release, Helios and Matheson said it is creating a new subsidiary called MoviePass Entertainment Holdings...
In the end, Yahoo may be remembered for what it might have been, but for the missteps. The latest news that the company is pursuing “strategic alternatives” for its core Internet business, while also sawing away 15 percent of its workforce, hints at last resorts....
June 26, 2023
NCR has taken the next step in spinning off its ATM business. The firm has filed the Form 10 registration statement with the Securities and Exchange Commission (SEC) for the planned spin-off, NCR said in a Monday (June 26) press release. The filing is part of the company’s plan to separate into two independent, publicly traded companies in the fourth quarter, […]
February 12, 2023
FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a tax-free spinoff of its merchant...
October 23, 2018
Helios and Matheson Analytics, the parent company of MoviePass, announced Tuesday (Oct. 23) that the board has signed off on a preliminarily plan to spin off MoviePass. In a press...
