A spin-off is a a. pro-rata distribution of new equity claims on a su
A spin-off is a
a. pro-rata distribution of new equity claims on a subsidiary to the parent’s shareholders.
b. sale of a division for cash to another firm.
c. tax-driven sale of depreciation rights to another firm.
d. sale of patent rights (e.g., for a pharmaceutical drug) to another firm.
ANSWER
A
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