If that occurred, the company said, it would probably abandon its tentative plans to spin off its American operations as a separate public company.
I think it would be better for the market if they broke up AT&T and Verizon to force them to spin off their wireless operations.
The stunning rise of the Dial Corporation after it announced plans to spin off its financial operations has whetted people's appetites.
The company also said it planned to spin off its operations that provide businesses with telephone systems.
Pactel has gone one step further by planning to spin off its cellular operations, leading some to describe it as "the naked telephone company."
In 1935, after being barred from securities business for over a year, the heads of J.P. Morgan spun off its investment-banking operations.
The board of SPX approved a restructuring plan to spin off its original-car-equipment operations.
Hilton spun off its international operations in 1964.
Persona will spin off its operations in the Bahamas.
Carnation has shrunk in size as it spun off its international operations to Nestle units overseas.