Deals
Private Equity Salivates for Carve-Outs
Mega-mergers and shareholder activism are creating opportunities for deal-starved private-equity firms.
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It's almost Thanksgiving in the U.S., but turkey's not the only thing getting carved up.
Like the feathered creatures at the center of Thursday's holiday, companies are going under the knife as chief executives and boards turn to corporate carve-outs to boost their stock prices or appease antitrust officials reviewing mergers.