DDR Corporation: Strategic Transformation A Strong Positive [Seeking Alpha]
DDR (DDR)
Last ddr earnings: 7/25 04:05 pm
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Source: Seeking Alpha
DDR Corporation: Strategic Transformation A Strong PositiveSummaryDDR Corporation common equity rallied 10% on the news of the separation.$1,350mm in proceeds, along with a derisking, will drive valuation multiples higher for what remains of DDR.That said, don't run away from the spin-off. Selling pressure is likely to be high, and that might yield some opportunities.
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