Spinoff defined: A spin-off is the creation of an independent company by the issuance of new shares by an existing business division of a company. A spin-off is a type of divestiture where a company that wishes to streamline its business will sell less productive or unrelated subsidiaries as spin-offs.
Above is a definition for “Spinoff” from PrivCo’s Private Company Knowledge Bank, the definitive online and e-book guide to private companies and private company deals.
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