Word: outsings
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The results are similar in cases in which a subsidiary is only partly divested. Known as equity carve-outs, these divestitures tend to be IPOs of less than 20% of a business. The parent retains the bulk of the stock--and control--but often later gives that stake to shareholders...
Not all spin-offs soar. Look out for junky companies created to separate legal liability or off-load debt from the parent. And some carve-outs simply don't make good stand-alone companies, like Barnesandnoble.com and other dotcoms that are really just brand extensions designed to cash in on...
PHILADELPHIA-- It was an unenviable situation. The Harvard football team and Coach Tim Murphy had no outs.
After several series of three-and-outs, the Crimson once again hit the jackpot with four minutes left in the second quarter. On the second play from scrimmage on the drive, Palazzo, only 190 pounds, broke three tackles before turning on the Energizer battery and getting a 66-yard touchdown...
12. That big guy. It's Game Seven, bottom of the ninth, two outs. You're down three runs with the bases loaded. The pitcher is scheduled to bat next. You smirk. You point your finger down the bench at the burly man with the red goatee. "You. Grab a...