Tag: LTL Management LLC
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Corporate Spin-Off: What is it and How Johnson & Johnson is Handling Their Version of a Spin-Off
By: Evan Brown Introduction Corporate spin-offs allow a parent company to break off into two separate structures, known as a parent company and an independent company (spun-off) company.[1] The spin-off allows the independent company’s stock to be distributed to the stockholders of the parent company.[2] Some of the most valued reasons for a spin-off to…