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qualityincolor

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Re: StockItOut post# 17240

Tuesday, 04/09/2024 8:59:04 AM

Tuesday, April 09, 2024 8:59:04 AM

Post# of 17507
A spinoff is a tax-free method of divestiture that usually helps both the parent and unit achieve better results as separate and more highly-valued entities.
Who really knows why their doing it this way. Maybe it's so they can separate the paperwork from Indonesia to simplify things going forward.
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