Corporations often restructure their capital and assets to improve the flow of capital and information and to add value to shareholder wealth. Restructuring often takes place through spin-offs, equity carve-outs, partial public offerings, and tracking stocks. Consider the following statement about equity carve-outs: The subsidiary company can get a fair valuation as a stand-alone firm rather than as a part of another business entity. Based on your understanding of equity carve-outs, is the statement above an advantage of equity carve-outs? Yes No