This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.
IBM late Tuesday made a key filing with the Securities and Exchange Commission disclosing details of its planned tax-free spinoff of Kyndryl, the company’s 90,000-employee IT infrastructure business.
According to the filing, IBM (ticker: IBM) continues to expect to complete the Kyndryl spinoff before year-end. Kyndryl will list on the New York Stock Exchange under the symbol KD.