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Speculate as to Why Northrop Grumman Used a Spin-Off Rather

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Speculate as to why Northrop Grumman used a spin-off rather than a divestiture, split-off or split up to separate Huntington Ingalls from the rest of its operations? What were the advantages of the spin-off over the other restructuring strategies.

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Spin-offs may involve businesses which a...

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