I work for an Emerson company, but recently they announced that they are going to "spin off" the network power portion of the company (of which my company is a part of). My question is, what exactly do they mean by spin off? Some people think they will just close the doors if another company doesn't buy us, but as I understand it they will be creating some shares to put on the stock market and that will be how Emerson makes the money for the sale. I figure the network power portion of the company makes Emerson somewhere around 8 billion a year so that is a pretty big chunk to just shut the doors on. I am just trying to gain a better understanding on what is happening, but I don't really understand many of the ins and outs of big business.