DowDuPont is Heading for a Historic Split. Early Results Have Been Poor. Will These Massive Spin-offs Work?

Philadelphia Inquirer—“They are taking $3 billion in costs out of the combined companies,” dividends are high, “and yet the underperformance, it’s been painful,” Hank Smith, Co-Chief Investment Officer, said of DowDuPont in a Philadelphia Inquirer article on the company spin-off. Click to read article