After a Classic Beat-and-Raise Q4, Synnex Plans to Split Into Two Companies

Global IT services and systems specialist Synnex (NYSE: SNX) reported fourth-quarter earnings after the closing bell on Thursday, but that wasn't even the biggest event of the night. At the same time, the company also said that it plans to split into two separate publicly traded companies in the second half of 2020.

Here's what you need to know about the earnings report and spinoff announcement.

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Source Fool.com