Three Possible Spin-Offs To Keep An Eye On: Stahl

One of the more common, and commonly criticized, tactics that activists use to get value out of a company is to spin-off some of its assets, either fueling new investments that have better synergy with core businesses or for a round of buybacks and dividends. With steady inflows to activist funds, investors and management alike have to be aware of possible spin-off plays, and Horizon Kinetics co-founder and CIO Murray Stahl highlights a few that he thinks investors should pay special attention to.

Spin-off #1: Bob Evans Farms Inc.

Stahl would like to see Bob Evans Farms Inc (NASDAQ:BOBE) make two big changes: selling their real estate...