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divestiture

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
Divestiture
Refers to the sale of a subsidiary company, also called "spin-off."

Notes:
An example is when AT&T was forced to divest (breakup) by the U.S. Dept of Justice.


Divestiture
A complete asset or investment disposal such as outright sale or liquidation.

divestiture
The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.

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