Question
A corporate restructuring arrangement where a group of a company's employees acquire part of the company's business with the intention of running it as a
A corporate restructuring arrangement where a group of a company's employees acquire part of the company's business with the intention of running it as a separate, independent business is usually known as?
A. a sell-off
B. a spin-off
C. a buy-out
D. a buy-in
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
978-0071051507
