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demutualize |
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demutualize or -ise Verb [-izing, -ized] or -ising, -ised (of a mutual savings or life-assurance organization) to convert to a public limited company demutualization -isation n How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| In addition, he said there will be less push among personal lines companies to demutualize because their capital needs are smaller than those of their commercial lines counterparts. The National Office also rejected the argument that the payment constituted a charge for the right to demutualize and thus provided the taxpayer with significant long-term benefits in keeping with INDOPCO, Inc. In a sponsored demutualization, a mutual company opts to demutualize as part of a decision to be acquired, most typically by a stock company. |
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