CCP

[hendi_alex]

Intuitively, keeping a spin off would seem to make little sense to me. After all the parent company got rid of the asset because they felt that the divested part of the business wasn't worth having, or they retain some interest in order to milk the property without having to carry the debt associated with it. Surely this is a naive way of looking at the situation, but just from this common sense view, would seem that the spin off is better for the parent than for the fledgling. If one liked the parent company, VTR in this case, well VTR should somehow be better because of the spin off. It would make more sense to me to sell the spin off shares and buy more VTR shares.