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Spinoff
Companies that take an existing internal operation within the parent company structure and allow it to stand on its own. The parent company may offer IPO shares in the market to new investors as a means of enhancing shareholder value for those that own shares in the parent company.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
- Company:
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- Acronym-Abbreviation:
Other Languages:
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