Spin Off Law and Legal Definition
Spin Off is the separation of a subsidiary, creation of an independent company through the sale and or division of a corporation from its parent company by issuing shares in a new corporate entity. Shareowners in the parent company receive shares in the new company in proportion to their original holding and the total value remains approximately the same. A Spin Off is a type of divestiture.
Legal Definition list
Related Legal Terms
- 998 Offer
- Abuse of Public Office
- Ad Officium Justiciariorum Spectat Unicuique Coram Eis Placitanti Justitiam Exhibere
- Adjudicative Officer [Education]
- Administering Office
- Administrative Appeals Office [Immigration]
- Administrative Office of the U.S. Courts
- Administrative Office of the United States Courts (AO)
- Administrative Officer
- Administrative Offset
