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Alexander & Baldwin (ALEX +10.1%) says it plans to split itself into two companies, one with...

  • Friday, December 2, 2011, 9:45 AM ET
    Alexander & Baldwin (ALEX +10.1%) says it plans to split itself into two companies, one with interests in real estate and agriculture with the other in ocean transportation and logistics, in a very weak shipping market. The separation is expected to be completed in the second half of next year.
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