The equity carve-out in which the parent company distributes the subsidiary's shares as a dividend to shareholders is called which of the following?

Name: The equity carve-out in which the parent company distributes the subsidiary's shares as a dividend to shareholders is called which of the following?
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Question

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A spin-off occurs when a parent company distributes shares of a subsidiary to its shareholders as a dividend, allowing the subsidiary to become an independent entity.

The Equity Carve-Out in Which the Parent Company Distributes the Subsidiary's