I have been with MJN almost since the beginning. Recently they have begun to pay dividends and appear to be very profitable and growing. Another nice defensive pick to keep the $'s coming in.
Taking a first cut at the new IPO, I get 30 million shares x a $26.40 share price = $790 million initial float. BMY is keeping 85% of the company, so call the total market cap 7x that, or $5.5 billion
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Mead Johnson Nutrition Company manufactures distributes and sells infant formulas children’s nutrition and other nutritional products. Website:http://www.mjn.com/
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