Spin-off
Spin-off is a situation that occurs when a holding company distributes the stock of one of the operating companies to its shareholders, thus passing control from the holding company to the shareholders directly.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Spin-off. Occurs when a holding company distributes the stock of one of the operating companies to its shareholders, thus passing control from the holding company to the shareholders directly.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
