announcement out stella sale, page-15

IMO, The most value in the financial services arm would be in another companies posession. If MFS retains the PIF there would be more redemptions than a company with a better reputation.

I've heard that the PIF is actually a very good product for their investors and I imagine their investors would be most concerned about the security of their investment at this point. The level of value retained, should MFS keep the PIF, would be relative to the level of security they could convince their investors they are capable of providing.