RE: RE: Effect of Spin-off....ternov..".Anyhow, why you are talking about a fair value of $6 and settling "down" to $5 at this point in time?"
Simple answer...If you have a company that has a share price of $6. and you give away 20% of that company, you're left with a share price of about $5. That's assuming that the $6. already includes the current estimated value of the spin-off