Friday, September 08, 2023 8:29:48 AM
A spinoff is a new and separate company that's created when a parent company distributes shares in a subsidiary or business division to the parent company shareholders. It is a type of divestiture.
A parent company creates a spinoff expecting that it will be worth more as an independent entity than it was as part of the parent company. A spinoff is also known as a spinout or starburst.
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Recent BDPT News
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 10/22/2024 04:19:53 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 01:22:11 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 05:31:59 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/22/2024 10:00:41 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 08:10:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:06:28 PM
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