What a week it’s been for SPH! They started the week planning to announce a big strategic restructuring that would turnaround the company. And they ended it with their share price down 15%, and their CEO going viral for all the wrong reasons. Look through all that noise though, and beneath the surface is a very interesting deal that I wanted to cover. Explained: What is SPH Restructuring? In one sentence – SPH is selling their entire media related business. And the price they’re selling it at? -S$110 million. Yep that’s right. The negative is not a typo. In a normal M&A you get paid for your assets, in this deal SPH is paying to get rid of the media business. Don’t worry, I had a double take when I saw this one too, so I can kind of see why the stock sold off 15% yesterday. Straits Times has a good summary, but...