Split-Up(redirected from Splitup)
Also found in: Dictionary, Legal.
Related to Splitup: split off
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved