spin off

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  • verb

Words related to spin off

produce as a consequence of something larger

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References in periodicals archive ?
Hospitality Properties Trust (NYSE: HPT) today announced that the record date for its planned spin off of TravelCenters of America LLC ("TA") will be the close of business on Friday, January 26, 2007.
Sara Lee Corporation (NYSE:SLE) today disclosed further information regarding its previously announced plan to spin off its Branded Apparel, Americas/Asia, business to Sara Lee stockholders.
OTCBB: AFVS) announced today the intention to spin off its wholly owned subsidiary, Bed and Biscuit Inns of America Inc.
Last year, Sara Lee announced its intent to spin off as an independent, publicly held company its Americas/Asia apparel business, Sara Lee Branded Apparel, a move that is expected to be completed between June and September, 2006.
15, 2005, Agilent announced a strategic move that includes a plan to spin off its Semiconductor Test Solutions (STS) business, comprised of both the system-on-chip and system-in-package (SOC/SIP) and memory test market areas.
The spin off transaction is subject to a number of conditions including, but not limited to, the preparation, review and approval of an offering document containing financial statements and other related disclosures; satisfactory third-party consents; and regulatory and shareholder approval, depending on the form of the distribution.