stand-alone company

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Stand-Alone Company

A company that is not a subsidiary of another company. A subsidiary is sometimes spun off and becomes a stand-alone company because it may have higher profit potential as an independent entity.

stand-alone company

An independent operating firm. For example, a large diversified firm may consider spinning off a subsidiary because, as a stand-alone company, the subsidiary would command a higher price-earnings ratio than the parent.
References in periodicals archive ?
The stand-alone companies at Metapoint really are no different.
As we have previously stated, new business contracts of significant size and scope had been difficult to win when Covalent and Remedium were operating as stand-alone companies.
The goal of this analysis is to ensure that all capital outlays have been identified and to ensure that in the end, the new combined entity is financially as strong or stronger than the two stand-alone companies.
Offers available office and lab space for lease at highly competitive rates, a multi-tenant building; building sites for additional multi-tenant buildings or stand-alone companies.
Under the terms of the contracts, URS and the other qualified contractors can compete for, or be assigned, task orders either as stand-alone companies or as part of multi-company teams.
Competitive threats exist and consolidation among some of the larger mid-tier names mentioned would be advantageous, but even as stand-alone companies, these firms are much more attractively priced today since the recent market decline.
These organizational changes are the next step in our planned strategy to establish FortisBC and FortisAlberta as stand-alone companies," explains Marshall.
It makes sense to merge these two companies now that they are reaching their growth limits as stand-alone companies.
At the same time, the Company is focusing on its core technology, intends to spin off promising new technologies into stand-alone companies that can enhance long-term shareholder value, and is divesting itself of non-core business assets.
These businesses are developed as independent, stand-alone companies with specialized management teams that pursue compelling market opportunities.
Lucent expects that the stand-alone companies will have greater market focus and achieve superior results compared to the multi-segment company.
Since 1992, Tenneco has streamlined itself from eight businesses into two and redeployed more than $15 billion, with more than $3 billion invested in acquisitions to help build the two businesses being launched on the NYSE as independent, stand-alone companies.