The sale of stock in a wholly owned subsidiary via an initial public offering is referred to as a(n):
A)split-up.
B)carve-out.
C)counter-tender offer.
D)white knight gift.
E)spin-off.

Question

Quizplus · Accepted Answer

The sale of stock in a wholly owned subsidiary via an initial public offering is referred to as a carve-out. This is because the parent company is carving out a portion of the subsidiary and selling it to the public.

The Sale of Stock in a Wholly Owned Subsidiary Via