3 ms·

Part of the merger plans include the spin-off plans. This is typical even in large mergers that aren't government negotiated.

• refurb 4y ago
  So you're not killing the company? You're justing selling it (bad safety culture and all) to another company?
  • anonymouskimmer 4y ago
    You'd be selling the pieces of it. There would be no corporate charter, shareholders, board of directors, or other corporate structure left.
    • refurb 4y ago
      And no workers.
      • SinParadise 4y ago
        The invisible hand of the labor market will solve this issue.
      • anonymouskimmer 4y ago
        Only if they quit. Otherwise they'd be transferred to the new company or one of the anti-monopoly spin-offs along with their part of the business, just like bank branches and headquarters are today.