Event-Driven Stocks

Spin-off

Sector
Other
Industry
Exchange
State of incorporation
Record date
Distribution date
Ratio
Parent sector
Form
10-12B
Filed
September 1, 2000

Financials — parent vs spin-off

SEC XBRL · latest year
Parent

No XBRL financials available.

AETNA U S HEALTHCARE INCFY17
Revenue
$15.16B
Operating income
Net income
−$381M
Total assets
$55.15B
Equity
$15.58B

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 0/4 favorable · factors, not advice
  • Leverage (liabilities/assets)71%

    A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.

  • 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-off25.8 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.