Split-Off

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The process whereby a parent corporation organizes a subsidiary corporation to which it transfers part of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the shareholders of the parent corporation in exchange for a portion of their parent stock.

A split-off differs from a spin-off in that the shareholders in a split-off must relinquish their shares of stock in the parent corporation in order to receive shares of the subsidiary corporation whereas the shareholders in a spin-off need not do so.

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break dominant estate Nation of Islam Socialist Party of the United States of America			In a research note, Exane BNP Paribas said a split-off of the fixed-line network was unlikely, and Telecom Italia's management and some shareholders, including Telefonica, opposed it. Telecom Italia working on new investor by UMCI News (Potomac Falls, VA) Kraft Foods announced that it has commenced its exchange offer related to the split-off of its Post cereals business. Kraft Foods by Food & Drink Weekly Before restructuring, the taxpayer investigated several options, including (1) maintaining the status quo, (2) a leveraged recapitalization or a full recapitalization with a spin-off of the lesser business divisions, and (3) divestiture of the lesser business divisions, including a targeted stock offering or an initial public offering (IPO) with a split-off or spin-off. IRS examines treatment of restructuring costs by Staley, Jessica M. / The Tax Adviser			spirituality spiritualness spit spite spiteful spitefulness splash splay spleenful splendid splendidus splendor splendorous splenetic splenetical splice spliced splinter splinter party splintered split split again Split Decision split off split up Split-Off Split-Up splitting Splitting a cause of action splurge spoil spoil excessively spoil the look of spoilage spoilate spoiled spoiling spoils spoken spoken expression spoken in confidence spoken language spoken out loud spoken word spokesman spokesperson spokeswoman spolia spoliare spoliate spoliatio			split-face finish split-face machine Split-fee option Split-Fee Options split-field microtron Split-finger fastball split-fingered fastball Split-Funded Annuities Split-funded annuity split-half correlation split-half method split-hand deformity Split-Hand Foot Malformation with Sensorineural Hearing Loss Split-Hand/Foot Malformation 1 Split-Hand/Foot Malformation with Long Bone Deficiency Split-Hopkinson Pressure Bar Split-Horison Updates Split-leaf Philodendron Split-leaf Philodendron split-lens interference split-level split-level Split-level home Split-level home Split-level house split-levels split-levels split-new Split-Off Split-Off Initial Public Offering Split-Off Initial Public Offerings Split-Off IPO Split-Off IPOs Split-Offs Split-Offs Split-Offs Split-Operator Propagator for Electronically Adiabatic Split-Operator Propagator for Electronically Diabatic split-pea split-pea soup Split-peas Split-personality Split-personality split-phase motor split-plot design Split-Radix Fast Fourier Transform split-rail Split-rail fence split-rate capitalization Split-rate tax system split-ring connector split-ring core lifter split-ring lifter split-ring mold split-ring piston packing Split-screen Split-screen

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