Kynes on 22 May 2013
| pitzy272 said: @Kowenicki You seem knowledgeable on this stuff... Can u explain what is meant by a "spin off?" I read an article talking about this recently, but they never seemed to clarify what exactly this entails. |
A "spin off" is when you create a "daughter" company with parts of a company, in this case, with the Movies and Music parts of Sony. They can sell part of it to reduce their debt, while keeping a majority of its shares to control it.
