Transition services agreements (TSAs) are an important tool that companies use to manage the process of separating business units from their former corporate parents in spinoff transactions. …Read More
In this study, we identify a novel pattern of deal-making activity—spinoffs followed by acquisitions—that has yet to be analyzed in the corporate strategy literature. We present a set of descriptive results showing that firms undertake spinoffs followed by acquisitions at a rate that is too high to be attributable to random chance.…Read More
