Yeah I saw this happen with a business I was involved with.
Split up each business could be valued with direct competition in market and the same PE ratios applied to evaluate value and market cap. It caused a noticeable jump in overall stock value while nothing actually changed other than how businesses reported to the market.
Split up each business could be valued with direct competition in market and the same PE ratios applied to evaluate value and market cap. It caused a noticeable jump in overall stock value while nothing actually changed other than how businesses reported to the market.