Partial Spinoff

« Back to Dictionary Main | Browse other IPO terms »

A situation in which a parent company sells a minority share of a child company, usually in an IPO, while retaining the rest. The child company will have its own board of directors and financial statements, but will benefit from the parent company's resources and strategic support. Usually, the parent company will eventually sell the rest of the child company in the open market.

This Glossary is provided by www.InvestorWords.com
Copyright©1997-2007 by WebFinance Inc. All Rights Reserved.

Related Terms