Electronic Measurement Business to be Distributed to Shareholders Through a Tax-Free Spinoff
Increases Strategic Flexibility of Both Standalone Businesses
SANTA CLARA, Calif., Sept. 19, 2013
Highlights:
- Two publicly traded companies will offer shareholders distinct opportunities with unique investment identities
- $3.9 billion(1) Agilent life sciences, diagnostics, applied markets company
- $2.9 billion(1) electronic measurement company, to be named later
- Transaction leverages strategic and operational advancements and improvements of both businesses
- Allows management to focus exclusively on the customers of their respective companies
Press Release:
http://www.agilent.com/about/newsroom/presrel/2013/19sep-gp13016.html
