Keywords: Spinoff uncertainty
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Journal Articles
Critical Finance Review 1–22.
Published: 27 July 2026
...Martin Cherkes; Charles M. Jones; Chester S. Spatt This paper revisits the relative pricing of Palm and 3Com shares in 2000. This study offers a simple rational explanation of the Palm/3Com price relationship before Palm’s spinoff is completed. Lending fees and spinoff uncertainty are crucial...

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