Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'SPINOFF'?

A. GLEIF classifier for corporate actions that are part of a reverse takeover event
B. GLEIF classifier for corporate actions in which a single company splits into two or more independent, separately-run companies
C. GLEIF classifier for corporate actions where the shareholders of the original entity are compensated for the value loss of the original entity via shares of the new entity or via dividend
D. GLEIF classifier for corporate actions that is a kind of merger where there is a combination of two or more companies into an existing company

Answer: GLEIF classifier for corporate actions where the shareholders of the original entity are compensated for the value loss of the original entity via shares of the new entity or via dividend