spinoff |
Definition
Corporate divestiture accomplished through (1) separation of a division or subsidiary from its parent firm to create a new corporate entity by issuing new shares. These shares are distributed to the current stockholders (shareholders) in proportion to their current shareholdings, and may also be sold to the public, or (2) a leveraged buyout by the management of the division or subsidiary.
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spinoff is in the Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
spinoff appears in the definitions of the following terms: metaphor, carveout and event driven investing
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