divestiture : Definition, Usages, News and More

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divestiture

di ve sti cher

  • 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

  • This, he said, might "require for some students divestiture of certain sorts--stereo divestiture, automobile divestiture, three-weeks-at-the-beach divestiture.
  • 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.
Quotes

  • 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...

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