本文发表在 rolia.net 枫下论坛ok, assume we have a firm named "Rolia会计论坛 Co.Ltd", ("the Parent" hereinafter). Two significant shareholders named specialday(Joyce) & toysrus(数独精). Each of them own 10% of the Parent (say, 100shares each, trading at $100 now).
After getting tired of an ass____ named bigbread(匹格), the Parent decided to restructure a subsidiary namly "Roila金融论坛 Co. Ltd", ("the Daughter" hereinafter), with 1000 shares outstanding.
As Spin-off the Daughter, every shareholder of the Parent get 10% of the Daughter, 100 shares. So "specialday(Joyce), the majesty" & "toysrus(数独精), the majesty" now respectively owns 100 shares of the Parent (trading at, say, $ 80 after the spin-off) AND 100 shares of the Daughter (then, should be trading at $20). Since the share price of the Parent decreased accordingly, the total value of the shares they own remain unchanged.
Now, if we Split-off the Daughter company instead. What's the price of the Parent and the Daughter? How many shares does two beautiful ladies own respectively?更多精彩文章及讨论，请光临枫下论坛 rolia.net
After getting tired of an ass____ named bigbread(匹格), the Parent decided to restructure a subsidiary namly "Roila金融论坛 Co. Ltd", ("the Daughter" hereinafter), with 1000 shares outstanding.
As Spin-off the Daughter, every shareholder of the Parent get 10% of the Daughter, 100 shares. So "specialday(Joyce), the majesty" & "toysrus(数独精), the majesty" now respectively owns 100 shares of the Parent (trading at, say, $ 80 after the spin-off) AND 100 shares of the Daughter (then, should be trading at $20). Since the share price of the Parent decreased accordingly, the total value of the shares they own remain unchanged.
Now, if we Split-off the Daughter company instead. What's the price of the Parent and the Daughter? How many shares does two beautiful ladies own respectively?更多精彩文章及讨论，请光临枫下论坛 rolia.net