Citigroup Inc (C):Possible Financial Spinoff In The Future – Should You Wait To Buy?
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 16, 2013 - 2:54pm
In general, investors benefit when the companies they own break up. This is particularly true of companies that are very complex, such as huge financial companies. In contrast, management may be slighted from breaking up their companies as this makes their fiefdoms smaller. Michael Corbat has taken over Citigroup Inc. (NYSE:C) as its new CEO, and [...]
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