Middleby Is Spinning Off Its Food Processing Segment After a $540 Million Asset Sale. Can the Breakup Close Its Valuation Gap?
2026-02-28 10:25:00 ET
Several large industrials are breaking apart this year. Honeywell is splitting into three companies, DuPont spun off its electronics business, and Johnson & Johnson is carving out its orthopedics unit. While the strategies may differ slightly, the goal remains the same -- to unlock shareholder value.
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