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• n  an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior
  the court found divestiture to be necessary in preventing a monopoly
• n  the sale by a company of a product line or a subsidiary or a division

• Other colleges have chosen partial divestiture, or selling stock selectively in those companies that fail to observe the Sullivan principles, a set of guidelines established by the .
• The most immediate effect consumers are seeing after divestiture is new phone bills.
• This, he said, might "require for some students divestiture of certain sorts--stereo divestiture, automobile divestiture, three-weeks-at-the-beach divestiture.

News & Articles

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• JPMorgan to Shed Private Equity Unit - Analyst Blog
  JPMorgan Chase & Co . ( JPM ) is set to divest its private equity arm, One Equity Partners ('OEP'). This divestiture will aid One Equity Partners raise its own investment funds.
  June 17, 2013 - Nasdaq

Quotes

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• Jim Flaherty in Montreal Gazette
  We are doing strategic reviews; we have a list of government entities that we think need to be looked at closely about divestiture, so you can expect more news from the federal government about opportunities,Flaherty told a business-oriented...
• Neelie Kroes in Reuters
  The divestiture of the network will remove the ability of E.ON to use control of the network to favour its own production affiliate over its competitors,EU Competition Commissioner Neelie Kroes said in a statement.
• TJ Rodgers in San Jose Business Journal (subscription)
  This transaction reflects our desire to divest businesses that are not optimally aligned with our mission to become a global programmable solutions leader,said Cypress CEO TJ Rodgers. "The divestiture of SLM's GLV business -- the seventh...