General Accounting Question:
What is meant by spin-off?
Answers:
Answer #1
Spin off is creating new company by selling or distributing
the shares of existing company
Spin off is creating new company by selling or distributing
the shares of existing company
Answer #2
Spin off is creating a new company by giving a department or segment from existing company to the new company. In return, the new company shares gets allotted to the shareholders of the first company.
Spin off is creating a new company by giving a department or segment from existing company to the new company. In return, the new company shares gets allotted to the shareholders of the first company.
Answer #3
A spin off occurs when a publicly traded company sell its part and distribute new shares to form a new independent company of which shares are issues first to existing shareholder before offering to new investor in the market
A spin off occurs when a publicly traded company sell its part and distribute new shares to form a new independent company of which shares are issues first to existing shareholder before offering to new investor in the market
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