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January 5, 2006

The New Spin-Off Scheme?

In the 80s and 90s lawyers devised a series of disguised spin-offs in an attempt to isolate growing asbestos liabilities from a firm's other valuable assets.  Most failed.  The new spin-off scam may be designed to limit employee health benefits.  A class action against Abbott Laboratories makes just such a claim. Article

January 5, 2006 in Mergers & Acquisitions | Permalink

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