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Bernard M -- Taipei English Tutor

Bernard M - English Conversation / TOEFL / IELTS 一對一英文會話

Tuesday, June 24, 2008

The Urge to Un-merge by Alan Rappeport FROM CFO

In a pure spin-off, a parent company distributes its interests in a subsidiary as a dividend to existing shareholders, creating a second publicly held firm with the same base of shareholders. The opportunity for the parent company to focus on its core business and for the spin-off to be unshackled from parental pressures is intended to ultimately boost the stock prices of both.
Selected Vocabulary
divestiture
spin-offs
unshackled
batch

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