RE:Explain to Me what Topaz is and Why It was CreatedColes notes version.
Company has a lot of assets. The value of those assets is not reflected in the share price. They carve out a package of assets, and transfer ownership to a new company. New company goes public, those assets are scrutinized for value and sold as a package to the market, returning full value to TOU and probably not affecting the share price at all - perhaps even increasing it.
ALA did something similar with ACI.
Take a new car, disassemble it, and you can probably make a lot more than you paid by just selling the parts.
healyshealy wrote: Can someone please give me a helpful, coles notes version of why Topaz was created, what it does and why its such a good thing?