divestiture

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  • noun

Synonyms for divestiture

the condition of being deprived of what one once had or ought to have

Words related to divestiture

an order to an offending party to rid itself of property

the sale by a company of a product line or a subsidiary or a division

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References in periodicals archive ?
In general however, divestitures tend to receive minimal academic attention as compared to mergers even though both events involve transfers of ownership and control of corporate assets (Gadad et al.
Consummation of the proposal without divestitures would be consistent with Board precedent and within the thresholds in the DOJ Guidelines in eighteen banking markets.
But as divestitures carve a greater niche in the market landscape, companies are learning that, contrary to prevailing wisdom, divesting presents challenges not only to the buyer but to the seller, as well.
Lockheed said in a statement that the Justice Department had given it until Monday to respond to the government's demand for divestitures of key defense businesses, including the production of radar systems and electronic countermeasures, which enable pilots to evade incoming missiles.
Our focus is on growth in the regulated utility, both in transmission and distribution, and we have the financial flexibility, in the form of cash from our divestitures and access to the debt markets, to execute our plans without modification.
Competitive Analysis in Salt Lake City and Other Banking Markets with Divestitures
Shilkret said that while the branch divestitures are required by the Department of Justice and state Attorney General's Office to eliminate antitrust concerns, Wells plans additional branch closures to cut costs.
5 billion and immediately initiated efforts to transform the combined portfolio and reduce debt by $15 billion, primarily through asset divestitures.
12) After accounting for the proposed divestitures, consummation of the proposal would be consistent with Board precedent and the DOJ Guidelines in six of the Vermont banking markets: Bennington, Brattleboro, Middlebury, Rutland, Springfield, and Vergennes.
Divestiture Furthers Focus on Core Business Development
Georgia Gulf repeated that it is expecting proceeds from divestitures of Royal Group's non-core assets to be approximately $98 million during the fourth quarter of 2006.
No assurance, however, can be given that such expectations will prove to have been correct, or that the Western Gas acquisition and the divestitures described above will occur.
The divestitures will be required only if the merger closes.
The company said that proceeds from these divestitures could be used for a number of alternatives, including reducing debt, repurchasing shares, reinvesting in the business and pursuing acquisitions.
Coupled with the divestitures of European Seafood, HAK(TM) vegetables, and the HP Foods Ethnic business, and the acquisition of the Petrosoyuz sauces businesses in Russia, Heinz is better positioned for stronger growth and higher gross margins in Europe.