… Buy a 99 share odd lot of JNJ stock.
intercst
… Buy a 99 share odd lot of JNJ stock.
intercst
J&J’s second attempt to fob off it’s talc liability on a bankrupt fake company was tossed out of court last week.
I am about 90% sure that J&J will dump it’s talc liability on the consumer products spin-off. Whether the spin-off stumbles around for a couple years, then goes BK, or goes BK right away, I am not “bullish” on the value of the spin-off’s shares.
So then the question becomes, with the spin-off BK, will the courts hand the talc liability back to J&J, the way the courts voided Garrett’s “obligation” to pay all of Honeywell’s asbestos liability?
Steve
“splits off its Kenvue unit”
What about the Barbievue unit?
Outstanding.
intercst
I just hit the lonely wall of no return reading this tonight.
Must be my bedtime.