split up


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Related to split up: split off

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.

split up

The distribution of all of a firm's assets, generally in the form of stock distributions, such that the firm ceases to exist.
References in periodicals archive ?
Zalinsky is experienced in advocating and legal problem solving for clients in a diverse array of business matters, including entity formation, maintenance, restructuring and dissolution, from choice of entity to member/shareholder dispute resolution and business split ups, employment law and commercial negotiation and disputes.
COUPLE J McColgans before split UPS AND DOWNS Z McColgan wins world title in 1991 and, inset, yesterday
As many as 46 per cent of Scots have argued in the car with their partner, with these rows leading to split ups in 13 per cent of cases.