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Split-Up |
Also found in: Dictionary/thesaurus, Legal | 0.01 sec. |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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