The sale, liquidation, or spinoff of a corporate division or subsidiary.(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "divestiture" in a sentence
"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)."
"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."
"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."