(Total Views: 197)
Posted On: 08/17/2020 12:47:18 PM
Post# of 36541
GM looking to spin out electric vehicle division. They are saying the company split apart is worth 50% more than GM is right now. So it happens in huge companies too that they don’t get valued as a huge conglomerate. Hence why NGIO spin off can be worth more than the combined company.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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