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spinoff
(redirected from Spinoffs)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
spin·off or spin-off  (spnôf, -f)
n.
1.
a. A divestiture by a corporation of a division or subsidiary by issuing to stockholders shares in a new company set up to continue the operations of the division or subsidiary.
b. The new company formed by such a divestiture.
2. Something, such as a product, that is derived from something larger and more or less unrelated; a byproduct.
3. Something derived from an earlier work, such as a television show starring a character who had a popular minor role in another show.


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Spinoffs occur when a company carves out a division to create a new stand-alone business.
We have worked with many spinoffs in helping them to create their boards -- including Accenture (Arthur Anderson & Co.
According to Jim Osman, CEO of, The Spinoff Report (the world's leading specialist that tracks and analyses Global Corporate Spinoffs and Special Situations) Encana will benefit for the following reasons, "due to investors clearer recognition of its: impressive production growth, the re-rating of the stock and its attractive resource base.
 
 
 
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