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Gap says that it will no longer spin off Old Navy

USATODAY.com Friday, 17 January 2020
Gap Inc. no longer plans to split from Old Navy.  The spin off was cancelled after the company realized that it would not benefit its bottom line.
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News video: Gap Will Not Spin Off Old Navy

Gap Will Not Spin Off Old Navy 00:14

Gap Inc. called off its plans to make Old Navy a separate, publicly-traded company and announced the departure of Gap Brand president and CEO Neil Fiske.

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