Here's a Stock "Split" That Could Actually Make Shareholders Money
Stock split fever has taken over the stock market. Investors have gravitated to companies that have announced major stock splits, and some of the largest tech giants in the world have gotten in on the action.
Most of the time, stock splits don't have any fundamental impact on a business. Sure, they reduce the cost of a share, letting more investors buy whole shares of the stock. Yet in the end, a traditional stock split just offers a larger number of smaller pieces of the same pie.
However, one company recently announced a different kind of split. Rather than just taking the existing shares and breaking them into smaller parts, this food giant instead decided to split up its company into separate businesses. By doing so, it hopes to create some value for shareholders -- and judging from the initial reaction of investors, it appears to have succeeded.
Source Fool.com
