A spin-off results in the divested unit
A. being sold to existing management resulting in new owners.
B. becoming an independent company with new owners.
C. becoming an independent company with the same owners as the parent company.
D. being managed independently, but still under the ownership of the parent company.
Answer:C
A spin-off results in the divested unit
A. being sold to existing management resulting in new owners. B. becoming an independent company with new owners. C. becoming an independent company with the same owners as the parent company. D. being managed independently, but still under the ownership of the parent company.