EY Leaves Key Issues of Split Undecided as 2023 Vote Approaches

The fragmented leadership of the partners and various affiliates makes EY’s divestiture more complicated than recent spin-offs like those of General Electric Co. and Johnson & Johnson, said Jay Ritter, Cordell Eminent Scholar at the University of Florida.

“That’s where you’ve got the complications, where it’s going to take a lot longer than for a typical company,” Ritter said of the firm’s likely IPO.

Read more insights from Ritter in this story from Bloomberg Tax.