Following the split-off
, there are approximately 105 million shares of GLIBA, 4.
Mike Fries, Executive Chairman of Liberty Latin America and CEO of Liberty Global, commented, "The split-off
of our Latin American and Caribbean operations from Liberty Global will ensure that this new company will have access to the capital and resources necessary to achieve superior financial and strategic growth.
Regarding the third option, the Service concluded that a spin-off and a split-off
are very similar transactions.
The total cost of each of the separate primary products includes (1) an allocated portion of the joint cost, and (2) the cost associated with the primary product after the split-off
2) Unless otherwise noted, the term "spin-off" includes, in addition to a pro-rata distribution of stock in a controlled corporation, a split-off
(or non-pro rata redemption of the distributing corporation's shareholders for stock of the controlled corporation) and a split-up (or a distribution of multiple controlled corporations resulting generally in a liquidation of the distributing corporation.
The hardest stuff to hit EDS since the split-off
from GM came last October, when Alberthal announced that the company's growth rate for both top-line revenues and net income would slow into the first quarter of 1997.
Under the terms of the definitive transaction agreements, Fortive will create a wholly-owned subsidiary to hold the A&S platform and will distribute ownership of that A&S subsidiary to Fortive shareholders in either a split-off
or spin-off transaction, which will be followed by a merger of the A&S subsidiary with a subsidiary of Altra.
Liberty Latin America), a leading telecommunications company with operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, today announced the completion of its previously announced split-off
from Liberty Global plc (Liberty Global) and its launch as an independent, publicly-traded company.
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On July 19, 2012, PPG announced that it would form a new company by separating its commodity chemicals business through a spinoff or split-off
, and then immediately merging the business with Georgia Gulf or a Georgia Gulf subsidiary in a Reverse Morris Trust transaction.