A Defensive Spin-Off Is Where a Target Sells Off a Division

question 10

True/False

A defensive spin-off is where a target sells off a division to make the company less attractive to bidders.

---

Definitions:

EPA

The Environmental Protection Agency, which focuses on the conservation of the environment and protecting human health through the enforcement of regulations.

Superfund

A federal program established to fund the cleanup of sites contaminated with hazardous substances and pollutants.

Hazardous Waste

Refers to waste materials that are dangerous or potentially harmful to human health or the environment.

Comprehensive Environmental Response, Compensation and Liability Act

A U.S. federal law, enacted in 1980, intended to clean up sites contaminated with hazardous substances and pollutants.