Sony hiring Morgan Stanley and Citigroup for Loeb Plan.

[VetteDude]

Kasz216 said:

Mmmfishtacos said:
Then that's not so bad. But won't it devalued sonys normal stock?

Actually, oddy enough such spinoffs generally show both stocks rise.  Hugely complicated companies are usually valued at a "complexity discount".

Hence why Sony stock ROSE with the rumor they were considering this option.

They'll get a short term cash boom that will raise stock + A short term boom for becoming simpler.... but then it'd be on Sony Electronics to turn it around with the new cash or long term they'd take a stock hit.

Phillips 66 and ConocoPhillips is the best example of this.