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FOR IMMEDIATE RELEASE ADP ANNOUNCES PLAN FOR SPIN-OFF OF DEALER SERVICES BUSINESS Separation allows ADP to focus on its core Human Capital Management business Independent Dealer Services business
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Spin-off - adpcom is a corporate action where a company creates a new independent company by separating a part of its existing business.
The company initiating the spin-off is required to file spin-off - adpcom.
Spin-off - adpcom forms can be filled out electronically through the designated regulatory platform or manually and submitted to the appropriate authority.
The purpose of spin-off - adpcom is to create a new separate business entity that can operate independently from the original company.
Information such as the reason for the spin-off, details of the new company, financial implications, and impact on stakeholders must be reported on spin-off - adpcom.
The deadline to file spin-off - adpcom in 2023 is September 30th.
The penalty for the late filing of spin-off - adpcom can vary depending on the regulatory authority, but it can include fines and other sanctions.
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