Spin City: The New Wave of Deconglomeratization
Brown Advisory
AUGUST 8, 2018
In the multiyear bull market we’ve experienced since 2009, shareholders perceive these situations as persistently mediocre. The spinoff retained the Babcock & Wilcox name; the remaining company, BWX Technologies, is a service-focused entity focused on government and nuclear operations. Struggling under their own weight.
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