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Line 8: {{en-noun}} # {{~~context~~label\|~~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 \|year=1999 Line 37: \|page= \|passage=Rangers manager Ally McCoist accepts there is likely to be opposition from fans of other clubs should the Ibrox side remain in the SPL as a '''newco'''.}} # {{~~context~~label\|en\|legal\|finance~~\|lang=en~~}} {{non-gloss definition\|A [[placeholder]] name for a business in textbooks.}} #* '''1982''', Arthur M. Borden, ''Going Private'', page 3-4: #*: 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.

newco: difference between revisions