I don't think desperate is the word. It is quite common for companies to spin of arms of its self to unlock the value that is 'hidden' or supressed by being part of a larger whole. Using these funds for captial and supply expansion is smart if you think that is where there is money to be made.
It generally is seen as a positive move in the stock market...not a move of desperation.
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I don't think desperate is the word. It is quite common for companies to spin of arms of its self to unlock the value that is 'hidden' or supressed by being part of a larger whole. Using these funds for captial and supply expansion is smart if you think that is where there is money to be made.
It generally is seen as a positive move in the stock market...not a move of desperation.