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What is the De-merger
This is splitting up of a group into two or more separate bodies. The group is split into separate entities, but the shareholders remain the same. It is opposite of a merger.
The reasons for a de-merger:
Third Inc. wishes to issue a perpetual callable bond. The current interest rate is 6%. Next year, there is a 30% chance that the interest rate will be 4.5% and a 70% chance that th
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