A split-up involves carving out a portion of the equity of each of the parent's operating subsidiaries and selling the shares to the public.

Name: A split-up involves carving out a portion of the equity of each of the parent's operating subsidiaries and selling the shares to the public.
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Question

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A split-up is a corporate strategy where a parent company is divided into two or more independent companies, not about selling shares of subsidiaries to the public.

A Split-Up Involves Carving Out a Portion of the Equity