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The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders.

When a spin-off occurs, the shareholders of the parent corporation are not required to surrender any of their parent corporation stock in exchange for the subsidiary's stock.

In the event that the distribution of stock to the parent corporation's shareholders amounts to a dividend, the distribution can be taxed pursuant to provisions of Income Tax statutes.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
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TOUR DATES: 133 SPIN-OFFS: Rock of Ages (53 dates JanApril, 42 dates Jun-July).
DIANNE BUSWELL TOUR DATES: 98 SPIN-OFFS: Here Come The Girls (34 dates ending June).
(2008) adopted a science-based design approach to establish a set of rules that universities should adopt to effectively promote the creation of university spin-offs. Geuna and Muscio (2009) also performed a literature review in the field of university knowledge transfer by looking to intellectual property rights and spin-offs.
Sure, they still make animated spin-off cartoons today.
This paper explores spin-offs and their relations to the external environment.
"These figures demonstrate that, in the Middle East, the overwhelming majority of divestitures are created through share sales; corporate spin-offs, on the other hand, are not a common way to create value, especially within diversified holding companies in the region," said Ihab Khalil, Partner and Managing Director at BCG Middle East.
Table 5 contrasts results for pre-announced and post-announced spin-offs over the carve-out initial period and from the carve-out to spin-off.
For nearly four years Ferazani was the director of Research at Institutional Research Group, where he was the lead analyst and author of The Spin-Off Report.
This study identifies different models of programmes for supporting the creation of spin-offs in universities, and analyses their differentiated characteristics.
A spin-off is the creation of an independent company through the roll-over of an existing business/division of a company to a new legal entity.
The founding, performance and survival of spin-offs depend greatly on the knowledge of the new firm's senior managers and their ability to exploit it to shape the dynamics of their competition (Zahra & George, 2002).