October 13, 2005
Talks of Spinoff Boost Value of McDonald's Shares
Less than one month after McDonald's announced its plan to spin-off its Chipotle chain of Mexican food restaurants, investment analysts are backing suggestions that the company spinoff a chunk of its company-owned McDonald's restaurants. According to MarketWatch, this speculation about a spinoff, which would make McDonald's Operating Company (McOpCo) a separately traded mega-McDonald's franchisee and the remaining portion of the company a franchisor and real-estate company, boosted the company's shares by more than 2% yesterday, at one point making the company the biggest percentage gainer in the Dow Jones Industrial Average.
Posted by franchiselawblog at October 13, 2005 01:12 PM