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 ?
The same may be true of split-ups in which the new company remains within the controlled group (e.
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.
AWBC has issued 10% stock dividends and split-ups in February of each of the past seven consecutive years.
The Secretary shall prescribe such regulations as may be appropriate to carry out the purposes of this section, including regulations to prevent the avoidance of the purposes of this section through split-ups, shell corporations, partnerships, or otherwise.
We are maintaining our company's pattern of stock dividends and split-ups to share these successes with shareholders.
368(a)(1)(D) split-ups or split-offs (as opposed to spin-offs), it may be possible to step up the basis of a controlled corporation's assets with only one level of tax.
We are maintaining a pattern of stock dividends and split-ups in order to share United Security's successes with our shareholders," said Richard C.
This special team is composed of veteran experts who have been involved in previous split-ups of this magnitude and are counseling the company to assure us we will have two strong organizations emerge with maximum opportunities for future success," Teets said.