Butterfly

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Butterfly

In the context of equities, a firm with two divisions may split into two companies and issue original shareholders two shares (one in each of the new companies) for every old share they have.

Butterfly

References in classic literature ?
Our brave skipper was missing, as were eight others.
Only losing the skipper," he added, "was the worst.
By and by, the schooners full of copra and beche-de-mer and our trees empty of cocoanuts, the three skippers and that mate called us all together for a big talk.
The six men who were put ashore were the first to catch the devil-devil the skippers sent back after us.
Aye," the skipper went on wearily, "an' on both sides the steam- pipe uz well.
She'll likely be comin' down on the marnin' train," the skipper had soliloquized, and gone inside to change his clothes and wash.
You could see at once he was the skipper of a big ship.
Powell, they aren't ready, worse luck," says that skipper.
To say truth, I was overjoyed; for I had no great desire for John of the Claymore, and since my double misadventure, first with the guide and next with the gentleman skipper, I stood in some fear of any Highland stranger.
I admit he has nothing of your fancy skipper about him, if that's what you mean," said the elder man, curtly.
For my part," Solomon was reported by his wife to have said once, "give me the dullest ass for a skipper before a rogue.
When our skipper came back we learned that the steamer was the Sommerville, Captain Nash, from West Australia to Singapore via Batavia with mails, and that the agreement was she should tow us to Anjer or Ba- tavia, if possible, where we could extinguish the fire by scuttling, and then proceed on our voyage--to Bankok