text: SunGard to spin off its disaster business SunGard, which provides software and services to top financial companies, said Monday that it would spin off its disaster data recovery business into a separate publicly traded company through a tax-free distribution of shares.
inputs: SunGard to spin off its disaster business SunGard, which provides software and services to top financial companies, said Monday that it would spin off its disaster data recovery business into a separate publicly traded company through a tax-free distribution of shares.