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Icahn urges eBay to spin off PayPal

2014-01-23 02:57:02| BBC News | Business | UK Edition

Activist investor Carl Icahn calls on online auction site eBay to spin off its payments business, PayPal.

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Vivendi weighs SFR spin off, sale to Numericable - report

2014-01-21 10:07:00| Telecompaper Headlines

(Telecompaper) Vivendi is preparing to spin off French phone operator SFR as well as considering the company's sale to cable provider Numericable, whose biggest backer is invesment fund Altice. Vivendi and Numericable have discussed a deal for several months, but could not come to agreement on valuation. Bloomberg writes that SFR is valued at EUR 12 billion. The operator had 5.2 million broadband subscribers (xDSL, fibre) at the end of September 2012. Numericable had 1.7 million (co-ax, fibre). SFR also had 21.2 million mobile clients at the same date. .

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UPDATE 1-Hess files to spin off gas station business

2014-01-08 19:30:23| Oil & Gas - Topix.net

Oil and gas company Hess Corp said it filed with regulators to spin off its gas station and convenience store network, the latest business the company is shedding in response to a campaign by activist investor Elliott Management.

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Investors Are Ignoring The Long-Term Bullish Outlook For Recent Spin Off Ashford Hospitality Prime

2014-01-03 23:32:57| Jewelry - Topix.net

Ashford Hospitality Prime trades at an attractive multiple as the high leverage ratio draws investor attention away from the long-term bullish outlook.

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SMS via Alcohol Puts New Spin on 'Message in a Bottle'

2013-12-20 23:51:12| TechNewsWorld

Isopropyl alcohol is widely used as a solvent and as a cleaning fluid, but researchers at two universities in Canada and the UK recently managed to use it to transmit a text message. The experiment used Arduino computers, an electronic spray to release the alcohol, fans to blow the alcohol along, and sensors for detecting the chemical signals and demodulating them back into text.

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