A spin-off is an unexpected but useful or valuable result of an activity that was designed to achieve something else. The company put out a report on commercial spin-offs from its research
To spin off or spin off something such as a company means to create a new company that is separate from the original organization. He rescued the company and later spun off its textile division into a separate company Corven plans to help large companies spin out smaller, entrepreneurial firms
The separation of a subsidiary or division of a corporation from its parent by issuing shares in a new corporate entity Shareowners in the parent receive shares in the new company in proportion to their original holding and the total value remains approximately the same
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
Just like TV -- a piece which either started as part of a earlier, longer piece, or which grew out of the knowledge gained from writing the original piece See Slant
When a company sells a portion or all of a division to the public in the form of an IPO they are doing a spin-off The parent company would do a spin-off for several reasons First, to raise capital The parent may be highly leveraged Second, to rationalize its operations by selling off a non-core business In this type of spin-off the managers of the newly public company are (or should be) incentivized to perform well by holding stock in the new company Finally, a parent may decide to spin-off a division in order to draw attention to the newly independent entity and perhaps to raise the stock price of the parent
A corporate divestiture where a division or subsidiary becomes its own company In most cases, shareholders of the parent company receive a pro rata allocation of the new company's stock
(1) A form of corporate divestiture that results in a division or subsidiary becoming an independent entity (2) A spin-off can also be accomplished through a buyout
1) a dividend made up of assets, such as another company's stock, that is distributed to stock holders 2) a company divestiture resulting in the transfer of assets or an entire subsidiary
Division of an existing corporation into two (or more) separate corporations The shareholders of the predecessor company receive the shares of the spun-off corporation(s)