B/E Aerospace was trying to shop the company around to potential buyers when it decided in June to spin-off its Consumables Management business – primarily fasteners.
In connection with its previously announced spin-off of KLX Inc., B/E Aerospace has been informed by NASDAQ about key dates relating to trading in common stock of KLX and B/E Aerospace in connection with the spin-off.(…)
via B/E Aerospace Spinning Off Fastener Business – Global Fastener News – USA.