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Re: panda11 post# 11603

Tuesday, 03/24/2015 3:26:29 PM

Tuesday, March 24, 2015 3:26:29 PM

Post# of 118384
yes, a spin off of bmsn and entb?DEFINITION of 'Spinoff'

The creation of an independent company through the sale or distribution of new shares of an existing business or division of a parent company. A spinoff is a type of divestiture. Businesses wishing to streamline their operations often sell less productive or unrelated subsidiary businesses as spinoffs. For example, a company might spin off one of its mature business units that is experiencing little or no growth so it can focus on a product or service with higher growth prospects. The spun-off companies are expected to be worth more as independent entities than as parts of a larger business.