Split-Up


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Split-Up

An action in which a publicly-traded company splits into two different publicly-traded companies. Stock in the company is exchanged for stock in both of the new companies according to some predetermined formula. A split-up may happen at government instigation, for example, to end a monopoly. A company may also voluntarily split up if it believes it will improve profitability.
References in periodicals archive ?
If it is any consolation to Chung, however, two other public split-ups, the breakup of Woody Allen and Mia Farrow, and the separation of actors Tom Cruise and Mimi Rogers, were very closely followed by only 3% and 2% of the public, respectively, at the time.
corporations to foreign persons in certain otherwise tax-free spin-offs, split-ups, split-offs and liquidations of controlled subsidiaries.
The most high-profile split-ups involved Foreign Secretary Robin Cook who ditched wife Margaret after 28 years when he had an affair with secretary Gaynor Regan, whom he later married.
Cliffhanging episodes have left us with an unprecedented abundance of deaths, diseases, comas, shootings, split-ups and marriage interruptus.
QuarterCAST(TM) expects that the sharp spike in the number of M&A deals during 1995-2000 will translate into an increasing number of reverse M&A transactions such as spin-offs, split-ups or other divestitures.
The percentage split-ups of the segments categorized under the market have been used to arrive at the market sizes of each of the individual segments.
When it comes to self-assessment, Rob remains obsessed with list-making, to the point of compiling an all-time Top Five Most Memorable Split-Ups.