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My guess is SNN will be broken up and sold off as separate businesses to maximize shareholder returns. The theory is it's worth more in pieces than as a whole plus it might be easier to sell. The reason the company hasn't been sold yet is the BOD wants a 30% premium over the flat 5 year share price which trades rich based on declining business fundamentals. ASD, AWM, etc. were created to parcel off and sell individually. Why buy a cow when you only want a steak?
