Splitting One Firm into Four Separate Firms Is an Example

question 8

Multiple Choice

Splitting one firm 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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Definitions:

Incorporators

Individuals who participate in the creation of a corporation by preparing, signing, and filing its articles of incorporation with the relevant state authority.

Corporate Shares

Units of ownership interest in a corporation, representing a portion of the corporation's capital.

Certificate of Incorporation

A legal document issued by government authorities granting a company the rights to do business.

Resident District Court Judge

A judge assigned to a specific federal judicial district within the United States, responsible for overseeing cases and legal matters within that region.