(Hardback)

They also explore involuntary spin-offs such as in the recent case of American Telephone and Telegraph--the largest spin-off in history. In successive chapters the authors describe and illustrate the motives for spin-offs, the mechanical aspects, accounting and tax aspects, and the effects of spin-offs on shareholder wealth.

(Hardback)

The text is an invaluable guide in evaluating the suitability of liquidation as a corporate strategic planning tool. The book also explores the mechanics of liquidation including severance agreements, employee stock options, and the use of legal, accounting and other experts in the liquidation process.