Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun An act of divesting.
- noun The sale, liquidation, or spinoff of a corporate division or subsidiary.
from The Century Dictionary.
- noun The act of stripping, putting off, or depriving.
- noun In law, the act of surrendering one's effects or any part thereof: opposed to investiture.
from the GNU version of the Collaborative International Dictionary of English.
- noun The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun the act of
divesting , or somethingdivested - noun the
sale orliquidation of asubsidiary company , especially ifforced by some governing authority
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the sale by a company of a product line or a subsidiary or a division
- noun 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
Etymologies
from The American Heritage® Dictionary of the English Language, 4th Edition
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Examples
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In most divestiture cases (including AT&T) the divestiture is decision which is made by the company in order to avoid living under the terms of the consent decree (i.e. previous settlement).
The Volokh Conspiracy » Destroying the Constitution’s Structure is not Constitutional 2010
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Sen. Blanche Lincoln's derivatives proposal, usually referred to as the divestiture or push down requirement, is the only worthwhile proposal in the Senate financial regulation bill.
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To permit the merger based on this so-called divestiture, the DoJ would have to conclude that with Paciolan, Comcast (the reported recipient) would have the incentive and ability to fully restore competition.
David Balto: Merger Lessons Learned: Why the DOJ Must Block Ticketmaster/Live Nation Monopoly 2010
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Kalla said the divestiture, which is expected to close during the third quarter, signals CBS' new strategic focus on advertising-supported media.
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The divestiture is an attempt to address the concerns of the Justice Department, which sued to block the takeover on August 31 saying the deal would "substantially lessen competition" in the wireless market, Bloomberg said.
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The Fort Lupton plant and midstream facilities divestiture, which is subject to certain regulatory approvals and customary closing conditions, is expected to close in the first quarter of 2011.
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The divestiture is an attempt to address the concerns of the Justice Department, which sued to block the takeover on August 31 saying the deal would "substantially lessen competition" in the wireless market, Bloomberg said.
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The divestiture is an attempt to address the concerns of the Justice Department, which sued to block the takeover on August 31 saying the deal would "substantially lessen competition" in the wireless market, Bloomberg said.
Reuters: Top News 2011
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"We did look to do some divestitures, so negotiating the divestiture was a factor on who got a chunk of what business," says Sherman.
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Christi, a Catholic nongovernmental organization that describes itself as a human rights and peace movement -- issued a joint statement Friday calling their divestiture campaign "a major success."
JTA - Recent News 2010
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