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divestiture
[ dih-ves-ti-cher, -choor, dahy- ]
divestiture
- The act of a corporation or conglomerate in getting rid of a subsidiary company or division. In a tactic to pressure South Africa to end apartheid , during the 1980s many Americans and Europeans urged divestiture on corporations doing business in South Africa.
Word History and Origins
Origin of divestiture1
Example Sentences
After publicly discussing the potential divestiture of Amobee late last year, Singtel has engaged the services of investment bank Moelis kicking off a process that could see it part ways with its ad tech subsidiary.
In 2021, 80% of businesses surveyed are planning strategic big moves, such as acquisitions, divestitures, new business models, and widespread automation.
This lawsuit seeks “to unwind any advantages that Google gained as a result of its anti-competitive conduct, including divestiture of assets as appropriate,” which could include a breakup.
Ron Josey, an analyst at investment banking firm JMP Securities, says a forced divestiture would set an “interesting” precedent for other Big Tech companies.
If an extension hasn’t already been granted, Mir said the Justice Department would have to go to court and seek enforcement of the divestiture order.
All this, says the American former diplomat, amounts to a “day-by-day divestiture of government authority.”
But I think American Jews on the whole are not pro-divestiture.
He is more puzzled over this problem of divestiture than any other, and finds the solution of it only in "sexual selection."
This divestiture of sensation proceeds to such an extent that there is nothing left beyond what M. Villey calls the pure form.
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