In theory not much... but in reality... those businesses should be easier to Understand and more predictable meaning they have less risk associated with them or the risks are easier to measure.
This means that analysts and investors will find it easier to attribute value if that value is there.
One of the issues (and interesting thing) about Linc is its complexity and broad range of assets that are difficult to value and understand. By chunking it down this becomes easier.
Sub parts if spun off may also have a control premium attached if they don't retain a dominant shareholder.
I have no doubt that in the next 2-3 years we'll see at least one spin-off as a trade sale or IPO and potentially more.
Fun and Games.
LNC Price at posting:
$2.09 Sentiment: Hold Disclosure: Held
