41.   Fiorina discounted suggestions that the company spin off its printer division.

42.   If the merger goes through, the new company would likely spin off Orange to avoid conflict with anti-monopoly laws in Britain.

43.   The company actually spun off from KPMG LLP, which is the U.S.-based member firm of KPMG International but a separate legal entity.

44.   The company spun off its cellular telephone business in a separate company in July.

45.   The company recently spun off a slower-growing business that makes office telephone systems as an independent company named Avaya.

46.   The company has spun off its enterprise networks, Avaya, and its microelectronics unit, Agere Systems.

47.   The Purchase, N.Y.-based company also spun off its bottling business a separate company, The Pepsi-Cola Bottling Group.