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divestiture
(redirected from divestures)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.

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.


See also: abridgment, garnishment


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In 2000, the revision of Commercial Codes introduced procedures for splitting-up companies to facilitate restructuring through spin-offs and divestures, and the enactment of Civil Rehabilitation Law simplified bankruptcy reorganization procedures.
The saga of the Alltel-Verizon merger continues as parties interested in snapping up the divestures begin to take the stage.
Laidley has extensive experience in the areas of corporate reorganizations, acquisitions and divestures.
 
 
 
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