What is the meaning of spin off?

spin off is the separation of a subsidiary or division of a corporation from its parent by making it a new corporate entity and by issuing shares in the new entity. Shareholders in the parent receive shares in the new entity in proportion to their original holding and the total value remains approximately the same.

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APABarry Goldsmith. (2010). spin off. Retrieved September 21, 2026, from http://smartdefine.org/spin_off/definitions/1163906
ChicagoBarry Goldsmith. 2010. "spin off" http://smartdefine.org/spin_off/definitions/1163906 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, spin off, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/spin_off/definitions/1163906>.
MLABarry Goldsmith. "spin off" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/spin_off/definitions/1163906>
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