Divestitures:

1.What happens when a company engages in an equity carve out?

2. How does the subsidiary account for the equity carve out transaction?

3. Does the parent record anything when the subsidiary engages in an equity carve-out transaction?

4. What happens when a company engages in a spin-off?

5. How does the parent account for a spin-off transaction?

6. Does the subsidiary record anything when a parent engages in a spin-off transaction?