Examlex
During the current year,Coyote Corporation (a calendar year C corporation)has the following transactions:
Equity Carve-Out
The sale of stock in a wholly owned subsidiary via an IPO.
Initial Public Offering
The first sale of stock by a private company to the public, marking a transition from a private to a publicly traded company.
Wholly Owned Subsidiary
A company whose entire stock is held by another company.
Standard Oil
An American oil producing, transporting, refining, and marketing company. Established in 1870, it became the largest oil refiner in the world and was later divided due to antitrust laws.
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