Divesture Flashcards
1
Q
Divesture
A
An asset is disposed and transferred to another party, changing hands of assets is distinguishing feature
2
Q
Spin-Off
A
Form of divesture that results in a subsidiary or division becoming independent
Shares of new entity are distributed to parent company
3
Q
Split-off
A
One or more of the parent firms shareholders receive stock of a subsidiary
4
Q
Split-up
A
Firm separates into several parts and distributes stock of each part to its shareholders, then ceases to exist
