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brokebank

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Re: Shortkiddmp3 post# 13467

Tuesday, 04/28/2015 6:17:07 PM

Tuesday, April 28, 2015 6:17:07 PM

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DEFINITION of 'Divestiture'

The partial or full disposal of a business unit through sale, exchange, closure or bankruptcy. Divestiture may result from a management decision to no longer operate a business unit because it is not part of a core competency. It may also occur if a business unit is deemed redundant after a merger or acquisition, if jettisoning a unit increases the resale value of the firm or if a court requires the sale of a business unit to improve market competition.



Read more: http://www.investopedia.com/terms/d/divestiture.asp#ixzz3Ye2ypvbH ;
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