newco: difference between revisions

From {{compound|en|new|co|lang=en}}.

# {{contextlb|business|lang=en|business}} A new company, especially one spun-off from or replacing an existing company as a [[legal fiction]] to maintain ownership over an entity while separating it from the old company financially.

#* {{quote-book|en|title=Tax strategies for corporate acquisitions, dispositions, ...|volume=2|publisher=Practising Law Institute|year=2000|passage=This is not an unusual situation since some acquisition vehicles are "'''newcos'''" that have not conducted any business activities prior to the acquisition.}}

#* {{quote-book|en|title=Mergers and acquisitions yearbook|year=2003|passage=If buyer has no such plans then the purchaser will probably be a '''newco''', since in this structure the corporate veil will protect the buyer's assets from claims made against the target}}

#* {{quote-book|en|title=Venture Capital Funding: A Practical Guide to Raising Finance|page=160|author=Stephen Bloomfield|year=2008|passage=Sales of divisions of larger businesses usually require the creation of a '''newco'''.}}

#* {{quote-book|en|title=The Oxford Handbook of Inter-Organizational Relations|page=91|author=Steve Cropper|coauthors=Mark Ebers,; Chris Huxham|year=2008|passage=In this chapter we define collaborations between firms that involve the creation of a separate, autonomous, and legally recognized firm—a ''''newco''''—as a joint venture.}}

#* {{quote-newsjournal

|date=May 5, 2012

# {{contextlb|en|legal|finance|lang=en}} {{non-gloss definition|A [[placeholder]] name for a business in textbooks.}}

#*''' {{quote-text|en|year=1982''', |author=Arthur M. Borden, ''|title=Going Private'', page 3-4:|pages=3–4

#*: |passage=A merger can be implemented between the issuer ("Oldco") and a new corporation ("'''Newco'''") owned by the proponents, as a result of which Oldco shares not owned by the proponents are converted to cash and '''Newco''' shares remain outstanding.}}

#*'''2003''', {{quote-text|en|year=2003|author=William T. Allen,; Reinier H. Kraakman, ''|title=Commentaries and Cases on the Law of Business Organization'', |page =439:

#*: |passage=In this structure, the acquirer (A) forms a wholly owned subsidiary (call it '''NewCo'''). A will transfer the merger consideration to '''NewCo''' in exchange for all of '''NewCo'''<nowiki>'</nowiki>s stock. Then Target will merge into '''NewCo''' (or '''NewCo''' will merge into Target).}}

#*''' {{quote-text|en|year=2008''', |author=Edward D. Hess,; Charles D. Goetz, ''|title=So, You Want to Start a Business?: 8 Steps to Take Before Making the Leap'', |page =62:

#*: |passage=For this example, we're going to assume that a new company (we will call it '''NewCo''') is going to build brick homes in the $250,000 price range.}}

* [[{{l|en|shell]]}}

* [[{{l|en|clean shell]]}}

[[Category:English {{cln|en|placeholder terms]]}}