I'm not a business person so forgive me if this is a dumb question. But if you have a company with an underperforming segment and you split it into two so you can spin off the worse half... what does that mean for the new company that represents that worse part? I can obviously see the upside for the business that jettisons the dead weight.
But the dead weight is a company too. Does everyone who ends up working there just sort of accept that now they work at a company with worse financials and prospects?
But the dead weight is a company too. Does everyone who ends up working there just sort of accept that now they work at a company with worse financials and prospects?
Edit: All the replies are fantastic. Thank you.