text: SunGard will spin off disaster recovery unit SunGard Data Systems Inc. plans to split into two companies, spinning off a disaster recovery services unit using a tax-free distribution of shares to stockholders, the software and services vendor said Monday.
inputs: SunGard will spin off disaster recovery unit SunGard Data Systems Inc. plans to split into two companies, spinning off a disaster recovery services unit using a tax-free distribution of shares to stockholders, the software and services vendor said Monday.