Stock "spin-offs"

[Jean-David Beyer]

Roland Roberts wrote:
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> 
>>>>>>"Derek" == Derek Atkins <warlord at MIT.EDU> writes:
> 
> 
>     Derek> Jean-David Beyer <jdbeyer at exit109.com> writes:
> 
>     >> It is neither; it is a return of capital originally invested in
>     >> the company doing the spin-off; the returned capital being used
>     >> to buy the shares of the spun-off company.
> 
>     Derek> A return on capital is called "equity" ;)
> 
> I noticed Jean-David twice said "return _of_" not "return _on_".  Was
> this deliberate?
> 
Definately.
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