Event-Driven Stocks

Spin-offSpun off from Thermo ElectronTMONYSE

The two companies

Parent
Measuring & Controlling Devices, NEC
↓ spun off ↓

Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.

Sector
Healthcare
Industry
Surgical & Medical Instruments & Apparatus
Exchange
State of incorporation
DE
Record date
Distribution date
November 15, 2001
Ratio
0.1428:1
Parent sector
Measuring & Controlling Devices, NEC
Form
10-12B/A
Filed
October 24, 2001

Financials — parent vs spin-off

SEC XBRL · latest year
Thermo ElectronFY25
Revenue
$44.56B
Operating income
$7.75B
Net income
$6.70B
Total assets
$110.34B
Equity
$53.41B
VIASYS HEALTHCARE INC

No XBRL financials available.

Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.

Spin-off signals

score 1/4 favorable · factors, not advice
  • Focus-increasingYes — Industrials → Healthcare

    Spin-offs into a different sector than the parent (pure-plays) have historically outperformed diversifying ones.

  • Tax-basis reportNone found

    A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.

  • Insider buying (post-spin)None recorded

    Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.

  • Time since spin-off24.6 years

    Studies find the spin-off return premium concentrates in roughly the first one to three years.

Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗

Filings & documents

Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.