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 ?
THE car is the cruncher in a hard-fought custody battle when Britons split up, according to a survey out this week.
Popstars band Hear'Say (right) have split up claiming abuse from the public made their lives hell.
Anger needs to be dealt with and the person often feels hatred towards those who they see as causing the split up, such as another woman.