Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 1996
  • Case
  • HBS Case Collection

USX Corporation

By: Stuart C. Gilson and Jeremy Cott
  • Format:Print
  • | Pages:20
ShareBar

Abstract

A large diversified steel and energy firm is pressured by a corporate raider to spin off its steel business in order to increase its stock price. As an alternative to the spinoff, management proposes replacing the company's common stock with two new classes of "targeted" stock that would represent separate claims against each business segment's cash flows, allowing the stock market to value each business separately (and more accurately).

Keywords

Restructuring; Stocks; Valuation; Financial Institutions; Cash Flow

Citation

Gilson, Stuart C., and Jeremy Cott. "USX Corporation." Harvard Business School Case 296-050, February 1996.
  • Educators
  • Purchase

About The Author

Stuart C. Gilson

Finance
→More Publications

Related Work

    • December 1997
    • Faculty Research

    USX Corporation (TN)

    By: Stuart C. Gilson
Related Work
  • USX Corporation (TN) By: Stuart C. Gilson
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College