June 8, 2007
European Investors Want Spinoffs
A shareholders' group at UK's Vodafone is calling for management for a restructuring, including a possible sale or spin-off of Vodafone's 45% interest in Verizon Wireless. A number of European companies are being pressured by activist shareholders to sell all or part of themselves. See WSJ, Agitation at Vodafone Shows Activists Can Be Small or Big; NYTimes, Vodafone Investors Seek Verizon Wireless Spinoff.
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