Question: What is the key difference between a sell - off and a spin - off? A sell - off means an asset is sold to

What is the key difference between a sell-off and a spin-off?
A sell-off means an asset is sold to another company whereas a spin-off means assets are sold to form a new company.
A sell-off is an asset sold to another company whereas a spin-off is an asset sold to stockholders.
A spin-off is an asset sold to another company whereas a sell-off means assets are sold to form a new company.
A spin-off means a company retains its original name after being sold whereas a sell-off means the company must register a new name.
 What is the key difference between a sell-off and a spin-off?

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