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
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
Separation of a division or a subsidiary from the parent company by issuing "spin off" shares in the new firm
spun off
Турецкое произношение
spʌn ôf
Произношение
/ˈspən ˈôf/ /ˈspʌn ˈɔːf/
Этимология
[ 'spin ] (verb.) before 12th century. Middle English spinnen, from Old English spinnan; akin to Old High German spinnan to spin and perhaps to Lithuanian spesti to set.