Splitting AT&T in 1996 into four separate firms is an example of a:
A) leveraged buyout.
B) spin-off.
C) management buyout.
D) tender offer.

Name: Splitting AT&T in 1996 into four separate firms is an example of a: A) leveraged buyout. B) spin-off. C) management buyout. D) tender offer.
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Splitting AT&T in 1996 into four separate firms is an example of a spin-off, which involves the separation of one or more business units or divisions from the parent company to create a new, independent corporation.

Splitting AT&T in 1996 into Four Separate Firms Is an Example