Spin off – The separation of a subsidiary or div
Post# of 1188
Posted On: 06/16/2012 3:00:05 AM
Spin off – The separation of a subsidiary or division of a corporation from its parent company by issuing shares in a new corporate entity. Shareowners in the parent company receive shares in the new company in proportion to their original holding and the total value remains approximately the same.
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I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
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