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Endnotes
1 Senator Dorgan, North Dakota, in the debate over Wellstone Amendment 2752, 17
November, 1999. http://www.abiworld.org/legis/bills/s625/11-17-99debate.html
2 Carve-outs occur when a company sells partial equity in a subsidiary through an IPO.
The parent generally retains majority control. In a spin-off, the entire equity is sold
(Anslinger, Klepper and Subramaniam, 1999).
3 Quote from a Canadian food-processing executive.
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