A spin-off means ________.
A) a subsidiary being sold to existing management resulting in a new company
B) a subsidiary merging completely with its holding company
C) a subsidiary becoming an independent company
D) a subsidiary being taken over by the federal government due to its incapabilities to survive on its own

Question

Quizplus · Accepted Answer

A spin-off occurs when a parent company creates a new, independent company by separating a division or subsidiary from its operations. This means that the subsidiary becomes an independent company, which is option C.

A Spin-Off Means ________