In a spin-off, a public company separates one or more of its businesses into new, publicly traded companies. For the public company that initiates it, a spin-off can achieve a number of critical business and financial...more
10/11/2019
/ Board of Directors ,
Capital Markets ,
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Corporate Governance ,
Corporate Taxes ,
Form 10-K ,
Initial Public Offering (IPO) ,
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Publicly-Traded Companies ,
Shareholder Rights ,
Tax-Free Spin-Offs
The new guidance is significant given the popularity of debt exchanges as a monetization technique in conjunction with spin-offs.
On October 3, 2018, the Internal Revenue Service (IRS) published Revenue Procedure 2018-53,...more