Examples of divestiture in a Sentence
Divestitures are used to break up monopolies.
Before divestiture, the telephone company monopolized the state.
Recent Examples of divestiture from the Web
American Medical Association Urges Regulators To Block CVS-Aetna Deal » Analysts have said regulators may demand business divestitures before a CVS-Aetna deal is approved, but that ultimately the transaction would be approved.
Financially struggling oilfield services firm Weatherford International finally has found a buyer to acquire its Middle East onshore drilling rig business for $287.5 million as part of its long-term divestiture plans.
The largest divestiture this year is an $11 billion deal to sell its locomotive unit.
Photo: Getty Images But Fox believes regulators could still raise concerns about a deal with Comcast that could lead to a rejection, delay in deal approval or significant divestitures, according to the filing.
In his largest industrial divestiture, Immelt sold GE’s plastics business to Saudi Basic Industries for $11.6 billion just before the financial crisis; the price was more than analysts expected, and the deal was widely regarded as excellent for GE.
Crawford explains the alternative to outright blocking has already been suggested to Judge Leon: requiring the divestiture of DirecTV, which competes nationwide for pay-TV subscribers with everyone else.
Such a decision on divestitures would be a rare move by a judge in a vertical merger and, like a decision to block the deal entirely, could have a chilling effect on other vertical mergers.
Flannery previously pledged $20 billion-plus in divestitures, to focus on GE’s power, health care, and aviation businesses -- and to shore up that flagging stock price.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'divestiture.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of DIVESTITURE
What It Is
How It Works
Let's assume Company XYZ is the parent of a food company, a car company, and a clothing company. If for some reason Company XYZ wants out of the car business, it might divest the business by selling it to another company, exchanging it for another asset, or closing down the car company.
Why It Matters
Optimists often look at divestitures as ways to streamline (i.e., "get back to basics"), reduce debt, and enhance shareholder value. Pessimists may view them as concessions that the divested assets were not performing well.
DIVESTITURE Defined for English Language Learners
Definition of divestiture for English Language Learners
finance : the act of selling stock, property, etc., because of a government order
legal Definition of divestiture
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