In Brief: Dial Corp.
This article was originally published in The Tan Sheet
Executive Summary
Dial Corp.: Completes spin-off of its $1.5 bil. consumer products business Aug. 15, the company announces. Dial filed a preliminary registration statement on the spin-off with the Securities and Exchange Commission June 5 ("The Tan Sheet" June 17, p. 10). The new consumer company will retain the name Dial Corp., while the $2.2 bil. services entity will be renamed Viad. Malcom Jozoff will head Dial as chairman, president and CEO ("The Tan Sheet" May 27, In Brief), and Robert Bohannon will serve as president and chief operating officer of Viad...