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When does it make sense for a company to split in two?

Jan 17, 2020
Last year, Gap announced it would sell off Old Navy. This week, it changed its mind. Why?
An Old Navy and a GAP store in Times Square, New York City.
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Gap and Old Navy wrangle over customer data

Mar 1, 2019
It isn't clear who should get what.
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Xerox isn't just copiers anymore

Jan 29, 2016
The company will split into two public companies — one will be a services division.
Ursula Burns, Chairman and CEO, Xerox Corporation. The company announced that it would split itself into two public companies.
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