👉 A spinoff is a company that merges with another company to form one new entity. The merged entity may then become independent and continue as an entirely separate company, or it may be spun off into its own stock, forming a public company. This process can occur in a variety of industries, including technology, media, finance, and healthcare.
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What is the definition of Spinoff? 🙋
👉 "Spinoff" is a term that refers to a business or organization that merges with another entity. This can be done through various means, such as acquiring a controlling interest in another company, merging with another company, or selling assets of one company to another. The primary goal of spinoffs is to increase the size and scale of a company without changing its core operations. The term "spinoff" refers to the process by which an existing business merges with another entity, creating a new entity that
