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If a holding company spins off its subsidiary and then merges it with itself, the share swap is made between: (a) The holding and the subsidiary companies
If a holding company spins off its subsidiary and then merges it with itself, the share swap is made between:
(a) The holding and the subsidiary companies.
(b) The shareholders of the holding company and the subsidiary company.
(c) The holding company and the shareholders of the subsidiary company.
(d) The shares held in the subsidiary with additional shares in the holding company.
(e) The shares in the holding company are exchanged for shares in the subsidiary company.
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