Realty Income Corp. (O) recently completed a merger with VEREIT. After the merger, O spun the office building portion of the REIT into a new entity named Orion Office REIT Inc. (ONL). Shareholders of O received 1 share of ONL for every 10 shares of O. As stated above, ONL is an office REIT. ThisContinue reading “Thoughts on the Realty Income Corp Spinoff”
Category Archives: stocks
Thoughts on the JNJ Spinoff
Johnson & Johnson (JNJ) recently announced it will be splitting into two companies. This seems to be the trendy thing to do right now. General Electric (GE) and Toshiba (TOSBF) are two other companies of the many that have announced the splitting up the company. In some cases this can be a good thing thatContinue reading “Thoughts on the JNJ Spinoff”