is a form of unbundling involve disposing the non-core parts of the company
involves selling part of a company to a third party for an agreed amount of funds or value
This value may comprise of cash and non-cash based assets.
The most common reasons for a sell-off are:
To divest of less profitable and/or non-core business units.
To offset cash shortages.
The extreme form of sell-off is liquidation, where the owners of the company voluntarily dissolve the business, sell-off the assets piecemeal, and distribute the proceeds amongst themselves.