Every Spin-Off
Otis Elevator
CARRCompletedSpin of Otis Elevator (OTIS)and Carrier units (CARR)
- Distribution date
- 3 Apr 2020
- Structure
- Spin-off
- Parent
- United Technologies (UTX)
- Spin-off ticker
- CARR
- 2-year mark
- 3 Apr 2022
- Market
- United States
Section 355 clock. Two years from the distribution, an acquirer can generally step in without putting the tax-free status at risk.Window passed
3 Apr 2020100%3 Apr 2022
Source documents
- Press releaseBoard approval release (03/11/20)
- PresentationNot located
- Information statementInformation statement
Every Spin-Off research
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