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Split-Up

   Also found in: Dictionary/thesaurus, Legal 0.01 sec.
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.


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Split-ups help THE National Council for the Divorced & Separated is holding an open event on Saturday (JAN 27) at 7.
2) Divisive reorganizations that are otherwise known as spin-offs, split-offs and split-ups.
Recent celebrity split-ups include former Friends star Jennifer Aniston and Brad Pitt.
 
 
 
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