What follows are excepts from two academic studies on spin-offs. Spin-offs are special situations whereby a company spins-off an asset in a tax free distribution to its shareholders. Spin-offs are thought to have predictive attribute of outperformance due to structural factors. A spin-off study - Chris Mayer (2005) Spinoff Companies: Four Reasons Companies Spin Off … Continue reading 2 Studies on Spin-offs →