Question
Alueto created a new company, Bandin, from its subsidiary unit and maintained ownership of all of the shares in Bandin. When Alueto felt market conditions
Alueto created a new company, Bandin, from its subsidiary unit and maintained ownership of all of the shares in Bandin. When Alueto felt market conditions were favorable, it sold 25 percent of its shares in Bandin via an IPO. Alueto effectively completed a(n)
Multiple Choice
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divestiture.
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split-up.
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reversal.
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spin-off.
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equity carve-out.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
