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divestiture |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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divestiture n. the court ordered or voluntary giving up of a possession or right, which is a common result in an anti-trust action to prevent monopoly or other restraint of trade. |
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? References in periodicals archive |
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Divestitures may once have been looked upon as a symbol of failure, but no more. Reno would not predict whether the extra time would produce agreement on divestitures that would satisfy the government's objections. The divestiture of Flexible Lamps, a UK manufacturer of lighting systems for commercial vehicles, following the divestitures earlier this year of the company's Neapco and Pioneer business units, furthers UCI's Centers of Excellence strategy, allowing the company now to devote full focus and attention to its core automotive aftermarket businesses: Airtex Products (fuel systems), ASC Industries (cooling systems), Champion Laboratories (filtration) and Wells Manufacturing (engine management). |
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Divestitures
