Spinoff
Transfer of all, or a portion of, a subsidiary's stock or other ASSETS to the stockholders of its PARENT COMPANY on a PRO RATA basis.
Spinoff - A new independent company formed from a larger company by the larger company selling or distributing new shares in the spinoff company.
Spot - The current price or rate payable for immediate delivery.
Spinoff: A company can create an independent company from an existing part of the company by selling or distributing new shares in the so-called spinoff.
spinoff: A new company created through selling or distributing new shares for an existing part of another company.
Standard and Poors: A leading bond rating agency.
Spinoff - Form of corporate divestiture that results in a subsidiary or division becomes an independent company.
Spinoff - Is a company or division which is separated from the parent. Here, the parent's shareholders receive pro rata ownership shares in the newly free standing organization..
Taxable Spinoff
A divestiture of a subsidiary or division by a publicly traded company, which will be subject to capital gains taxation. The subsidiary will become completely independent from the parent corporation, operating entirely on its own.
partial spinoff The case in which a parent firm sells a minority share of a child firm. Also known as carve-out. partial surrender The removal of a portion of the original cash balance of an insurance policy or annuity.
The motives for spinoffs vary. In some cases, a company may want to refocus its core businesses, shedding those that it sees as unrelated. Or it may want to set up an Internet company to capitalize on investor interest.
In that century we also find such spinoff terms as patentee (one to whom a grant of land has been given, 1640), patent line (the boundary of a land grant, 1675), and patent as a verb (to obtain a patent of land, 1675).
Since the investment banking side has sensitive knowledge of impending deals such as takeovers, new stock and bond issues, divestitures, spinoffs and the like, ...
In addition, activity in your trading account, such as stock splits, spinoffs, or mergers will trigger a confirmation notice.
Conglomerate ...
More positively, a divestiture may result from a company's decision that it can maximize shareholder value from a successful business by letting it stand alone (although in this case "spinoff" is more commonly used than divestiture).
You'll also receive a confirmation to reaffirm orders you place, such as a good 'til canceled order to buy or sell a certain stock at a stop or limit price.
In addition, activity in your trading account, such as stock splits, spinoffs, ...
Back to top Spinoff The creation of an independent company through the sale or distribution of new shares of an existing business/division of a parent company.
 See also: Expense, Banks, Saving, Parent company, Fraud
  
|
RSS
