Company separation?

Your firm, ABC, purchased firm XYZ. But the combined business isn't going very well doesn't go fine very much, so you want to sell off / spin off XYZ from you.

If you set it up as its own company again, it's a spin.
If you sell it to another company, it's a sale.

I know way too much about spins, mergers, acquisitions, sales, and closures.

BarbaraPAIf you set it up as its own company again, it's a spin.

"Spin off" is likely, because ABC isn't going to say bye-bye to XYZ.

Then I don't understand what you're referring to.

They want to keep it, but separate from it?

Supercat ABC isn't going to say bye-bye to XYZ.

Then they are not going to spin it off or sell it off.
Both a sell-off and a spin-off result in ABC's saying good-bye to XYZ.

Spin off = XYZ becomes an independent, separate company.
Sell off = XYZ becomes part of DEF, a separate conglomerate. DEF buys XYZ from ABC.

AlpheccaStars Spin off = XYZ becomes an independent, separate company.

I heard that at least they (ABC) aren't going to sell XYZ off, and spin-off will be okay. (People don't know much, either.

When ABC spins off another company, then XYZ will become its own company. They become completely separate companies - their own staff, their own systems, their own finances, their own customers, etc. They cannot work together.

I still don't think you mean 'spin' if they they are keeping it in some way.

'Restructure the company'.

BarbaraPAI still don't think you mean 'spin' if they they are keeping it in some way.

Thank you, Barbara. We don't know much if they are keeping it, either.