In a(n) _, the parent of a multiple-subsidiary firm issues, via an IPO
In a(n) _, the parent of a multiple-subsidiary firm issues, via an IPO, equity shares for a particular subsidiary, though the parent usually keeps majority ownership of the shares, and thus control of the subsidiary.
a. asset sale
b. spin-off
c. equity carve-out
d. targeted stock issuance
ANSWER
C
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