Re: spinoffs
This is what you said in an earlier post:.
"No offense, but you seem to be missing the critical point. The website info you reference applies to a true spinoff company that is registered with new public stock on an exchange with a new ticker. In that scenario, the public can buy new shares in an IPO and the holders of the parent company do get some pro rata shares of the newly traded company. "
Are you saying then, that there can't be a spinoff with shares given to shareholders, unless there is an IPO? If so, that is plainly not true.
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