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The ongoing contributions of spin-off research and practice to understanding corporate restructuring and wealth creation: $100 billion in 1 decade
J. E. Owers and B. S. Sergi
This groundbreaking study by James E. Owers and Bruno S. Sergi delves into the world of spin-offs, revealing how these corporate restructurings have generated an astounding $100 billion in value. By analyzing 249 voluntary spin-offs from US public companies over a decade, the research uncovers significant abnormal returns that excite both investors and scholars alike.
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