Split-Off


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Related to Split-Off: spin-off

Split-Off

A relatively rare situation in which a parent company offers to its shareholders stock in a subsidiary in exchange for a comparable amount of stock in the parent company. This allows the parent company to divest itself of the subsidiary. See also: Splitoff IPO.
References in periodicals archive ?
After giving effect to the split-off, the assets of GCI Liberty consist of its subsidiaries GCI and Evite and interests in Liberty Broadband, Charter and Lending Tree.
The split-off of Liberty Latin America forms a "pure-play" independent telecommunications company focused on Latin America and the Caribbean with:
Here we illustrate the physical measures method, the value at split-off point method, and the constant gross-profit percentage method.
The split-off of Liberty Latin America forms a pure-play independent telecommunications company focused on Latin America and the Caribbean with: ?
NYSE: FNF) has completed the split-off of Cannae Holdings, Inc.
Danaher Corporation (NYSE: DHR) said it has announced the final exchange ratio for its split-off exchange offer for Danaher common stock.
8 April 2011 - S&P on Thursday placed its BBB- corporate credit and senior unsecured debt ratings of US online travel company Expedia Inc (NASDAQ:EXPE) on "negative" watch taking into account its split-off agenda.
Shareholder disputes: In the S corporation context, the primary corporate business purpose for a split-off is shareholder disputes that affect the efficient running of a business.
After the company splits, Toshiba Group (the Group) will further enhance collaboration between the split-off companies (New Company), and, at the same time, aim to maximize the value of each business.