Corporations often restructure their capital and assets to improve the flow of capital and information and to add value to shareholder wealth. True or False: One method used to achieve this restructuring is the equity carve-out. An equity carve-out is when a company sells shares of a certain part of the company-such as a subsidiary-to the public through an initial public offering while retaining a controlling interest in the subsidiary. True False Consider the following statements about equity carve-outs: The subsidiary company can raise capital for itself based on its true valuation as a stand-alone company. Based on your understanding of equity carve-outs, is the statement above an advantage of equity carve-outs? No Yes