Do you guys hear anything about plants shut down or layoff by AMP taking over CCS soon? AMP and Com they both have heavy management, eventually, AMP will sink as Com in my 2 cents (like swallow a poison pill).
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The spinoff is being done to leave the parent company in a better shape, unlocking value for the remaining businesses. CCS will be loaded with debt including the invaluable assets, AMP will need to deal with it.
With the climate change of the economy, not sure AMP would change their mind?? This will be a nightmare to Com.
@OP You have no idea what will happen. It’s at least 6 months before the split happens and it could be delayed.