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Abbott to spin off $8.5 billion nutrition business

Original: What the $8.5B Abbott Nutrition spinoff means for Columbus

Abbott Laboratories plans to separate its nutrition business, valued at about $8.5 billion, into an independent company. The move puts a spotlight on Columbus, Ohio, where Abbott's nutrition operations are a major employer and economic anchor. Local business leaders are weighing what a standalone company could mean for jobs, investment and the region's health-science sector.

Why now: A major corporate restructuring involving one of Columbus's largest employers has direct local economic implications.

Abbott LaboratoriesAbbott NutritionColumbus, Ohio

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