Question $1$

Select the statement that is true about spinoffs:

Status: $[$object Object$]$

$1$ point

In spinoffs, acquirer firm distributes the target firm$$s shares to the shareholders of the target firm.

In spinoffs, target firm distributes the acquirer firm$$s shares to the shareholders of the target firm.

In spinoffs, acquirer firm distributes the target firm$$s shares to the shareholders of the acquirer firm.

In spinoffs, target firm distributes the target firm$$s shares to the shareholders of the acquirer firm.

None of the above