Zedge completed its spin-off from IDT

Zedge completed today its spin-off from IDT Corporation (the separation document can be found here). Zedge provides a popular app which allows brands to promote their content with consumers who utilize the content. Over 200…



Alcoa’s spinoff plan concern Alumina

Australia’s Alumina said it has “serious concerns” about the impact of a demerger plan of U.S. partner Alcoa on the pair’s bauxite and alumina production joint venture, Alcoa Worldwide Alumina and Chemicals. Alumina is concerned that…