I believe the splitting of the two organizations into sperate reporting units was the beginning of their divestiture process. Not sure what the PC is worth these days. I believe the patents for D &V expire 2021/2022. They can probably realize $600 million in FCF from those two before expiry. Can they get that much now by selling? Not sure they can. I do think they would get better multiples sooner by selling so as a shareholder of over 2 years now I would like to see that happen now.
