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Question 3 Which of the following statements accurately describe spin-offs? A spin-off is the simplest way to make a firm more focused. None of the

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Question 3 Which of the following statements accurately describe spin-offs? A spin-off is the simplest way to make a firm more focused. None of the other statements are correct. In a spin-off, the parent firm keeps significant ownership of the spun-off firm. More than one of the other statements are correct. In a spin-off, the shares of the spun-off firm are distributed to existing shareholders

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