spinoff


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spin·off

or spin-off  (spĭn′ôf′, -ŏf′)
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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spinoff

or spin-off
noun
Something derived from another:
Translations
References in periodicals archive ?
The "Black-ish" spinoff just cast "Suburgatory" alum Chris Parnell in a guest-starring role.
The spinoff positions Travelers Property Casualty to participate independently in the accelerating consolidation of the insurance industry, especially after the events of Sept.
1966), in which the IRS challenged the tax-free status of a reorganization of a distributing company following a spinoff by that company.
The spinoff will focus Pepsico even more on the hot competition with Coca-Cola in the emerging markets of Eastern Europe and the Far East.
Directors have distinctive strategic and board composition decisions to make when involved with a spinoff
96-30 include (1) the detailed information, representations, and documentation required for establishing a valid corporate business purpose; (2) a description of the facts and circumstances that may qualify the business purpose; (3) a description of each purpose for the spinoff, not just the corporate business purpose; (4) the required information and representations from foreign shareholders and foreign corporations; and (5) the required information and representations where Distributing joins in filing a consolidated return.
The ruling said the form selected would be respected (even if the spinoff was part of a D corporation reorganization, which imposed a control-immediately-after test), because
When the time comes to divide pension liabilities and plan assets, a process called a spinoff, the basis for determining the amount of assets can be the most bitterly contested section of the sale agreement.
Our deep research reveals this, giving us more edge", commented Ryan Mendy , Co-Founder & COO of The Spinoff Report
Wall Street has long advocated a spinoff of the company's struggling fast-food unit to allow Pepsico to better focus on its Pepsi beverage operations and Frito-Lay snack business, whose international profits jumped 16 percent in the first nine months of 1996.
cash, notes, securities, receivables and other assets ("other property") - received by a shareholder in a spinoff that would otherwise be nontaxable (Rev.
NEW YORK & LONDON -- Next year, investors will see a +20% year-on-year growth in the value of companies looking to break-up a business division according to, Jim Osman, CEO of The Spinoff Report (TSR) .