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QUESTION 2 Which of the below characteristics describe an Spin-off? One new company is formed A portion of a company is given to existing

QUESTION 2 Which of the below characteristics describe an Spin-off? One new company is formed A portion of a company is given to existing shareholders in exchange for shares of the original company The original company ceases to exist Two or more new companies are formed A portion of a company is sold to new shareholders The original firm continues to exist A portion of a company is given to existing shareholders

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