1.   Analysts speculated the cellular business would be spun off, rather than sold, presuming the IRS rules the transaction to be tax free.

2.   Ship building is not a money spinning business.

3.   That business would be spun off to shareholders.

4.   The business that got spun off, AirTouch Communications, is a pure play in the fast-growing wireless telephone business.

5.   The business will be spun off to shareholders.

6.   The business will be spun off to Hafslund Nycomed shareholders in order for shares of the new company to be distributed evenly among Ivax and Hafslund holders.

7.   The casino business will be spun out of Memphis, Tennessee-based Promus Cos. on Friday.

8.   Whether an Internet business is spun off or not, analysts agree that it must have independent management and accountability.

9.   Donald Beall, former Rockwell International chairman, will become chairman of Rockwell Collins in June when the avionics and communications business is spun off as a separate entity.

10.   Railways Minister Fu Zhihuan said that non-transport businesses would be spun off into separate enterprise groups, allowing the railways to focus on their core operations.