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Divestiture |
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Divestiture
Divestiture The removal of assets from a person or firm's balance sheet through sale, exchange, closure, bankruptcy, or some other means. Divestiture may occur when a person or company has acquired more than he/she/it can properly administer. This sort of divestiture may occur slowly; for example, a corporation may slowly sell subsidiaries to concentrate exclusively on its core competence. On the other hand, divestiture may occur because a person or company has become cash poor and needs to build liquidity very quickly. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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``As a matter of policy we do not comment on speculation concerning acquisitions, divestures and that sort of thing,'' said Rockwell spokesman Bill Blanning. He has had direct responsibility for acquisitions, divestures, restructurings, initial public offerings, private placements and preparing for compliance. This dynamic industry offers challenges associated with tracking new entries, mergers, acquisitions, divestures and health plans that no longer exist. |
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