(Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Deal Overview On September 04, 2024, Fortive Corporation (NYSE: FTV, $75.71; Market Cap: $26.52 billion) announced its plans to spin-off its Precision Technologies segment ("NewCo"). The spin-off will result in the formation of two separate publicly traded companies, each with distinct business models and customized investment and capital allocation strategies. Post separation, Fortive (stub) will in ...