Examlex
Which stage of grief may last up to 2 years?
Spinoff
A method of divesting a business unit by setting it up as a separate company and giving its shares to stockholders in proportion to their holdings of the original firm. After the spinoff stockholders can trade the two stocks separately.
Bankruptcy Proceedings
Legal process initiated by an insolvent individual or company to receive relief from debt by reorganizing or liquidating assets.
Creditors
Entities or individuals that a company owes money to due to the provision of goods, services, or loans.
Reorganization
In bankruptcy, a plan to restructure the failing company so that it may continue in business.
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