In case of carve-outs:
A. Shares of the new company are given to the shareholders of the parent company
B. Shares of the new company are sold in a public offering
C. Shares of the new company are bought by borrowing or issuing junk bonds
D. None of the above
Answer:B
In case of carve-outs:
A. Shares of the new company are given to the shareholders of the parent company B. Shares of the new company are sold in a public offering C. Shares of the new company are bought by borrowing or issuing junk bonds D. None of the above