di- vestiture

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Definition of di- vestiture in English English dictionary

divestiture
the sale or liquidation of a subsidiary company, especially if forced by some governing authority
Divestiture
divesture
divestiture
the act of divesting, or something divested
divestiture
A form of privatization involving the outright sale of government-owned assets or enterprises After divestiture, government generally has no role in the financial support, management, regulation, or oversight of the divested activity Government may sell its assets or controlling interest in a service to a private company but protect the public interest through regulation
divestiture
On January 8, 1982 AT&T signed a Consent Decree stipulating that on midnight December 30, 1983, AT&T would divest itself of its 22 telephone operating companies Those 22 companies, or BOCs, were formed into seven regional holding companies called RBOCs The main terms of Divestiture are: The BOCs weren't allowed into long distance, equipment manufacturing, or information services AT&T was not allowed into local service (to compete with the BOCs), but it could continue to manufacture equipment
divestiture
The act of stripping, or depriving; the state of being divested; the deprivation, or surrender, of possession of property, rights, etc
divestiture
An agreement made between the Department of Justice and AT&T to settle an antitrust lawsuit brought against AT&T On January 8, 1982, AT&T signed a Consent Decree stipulating that it would divest itself of its 22 telephone operating companies at midnight on December 31, 1983 The 22 operating companies were formed into seven regional holding companies (RBOCs), which were prohibited from offering long distance service and manufacturing equipment Also, AT&T was not allowed into the local exchange market, and was limited to the long distance
divestiture
When a corporation separates a portion of its business and assets, such as power plants, transmission facilities, or distribution sys-tem, from the existing company This can occur through a sale, spin-off, or other transfer of a line of business Divestiture can occur voluntarily as a business decision driven by the market or by government mandate that forces a utility sell certain assets to diminish perceived market power
divestiture
The stripping off of one utility function from the others by selling or in some way changing the ownership of the assets related to that function Most commonly associated with spinning off generation assets so that they are no longer owned by the shareholders that own the transmission and distribution assets Divestiture, or legal separation, is distinguished from functional separation
divestiture
A complete asset or investment disposal such as outright sale or liquidation
divestiture
The sale of some of a company's operating assets
divestiture
When a corporation separates a portion of its businesses and assets, such as power plants, transmission facilities, or distribution systems from the existing company Divestiture can occur voluntarily as a business decision driven by the market or it can occur by government mandate in order to diminish a utility's market power
divestiture
is the process of selling or spinning off aspects of business lines Utilities may divest generation assets voluntarily to refocus their business efforts or in response to regulatory or legislative directives as part of a stranded cost determination or market power mitigation plan
divestiture
A process of removing a utility function, such as distribution or generation, from other utility functions by selling the ownership of assets related to that function This is most commonly used in reference to a utility's sale of generating facilities
divestiture
Occurs when a company sells part of its existing business operations to another company
divestiture
the separation of one utility function from others by selling or changing ownership of assets related to that function Most commonly associated with the selling of generation assets so they are no longer owned by the same shareholders that own the transmission and distribution assets
divestiture
Divestiture usually takes one of two forms-spinning a business off as an independent company or selling it to another company
divestiture
{i} act of unclothing; deprivation of a right or privilege
divestiture
Change of ownership and/or control of a business from a majority (non-disadvantaged) to disadvantaged persons
divestiture
an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior; "the court found divestiture to be necessary in preventing a monopoly"
divestiture
the sale by a company of a product line or a subsidiary or a division
divestiture
1 Loss or surrender of a right or title or interest, a remedy by which the court orders the offending party to rid itself of assets before the party would normally have done so Divestiture, like restitution, has the purpose of depriving a defendant of the gains of wrongful conduct It is a remedy sometimes used in the enforcement of the antitrust laws
divestiture
The selling of major assets (power plants, transmission equipment or distribution lines ) Voluntary divestiture may occur naturally in the course of doing business Forced divestiture could occur if a regulatory commission required a utility to sell certain assets to diminish the possibility it would abuse its market power
divestiture
The disposition of an asset or investment by outright sale or liquidation
divestiture
The stripping off of one utility function from the others by selling (spinning-off) or in some other way changing the ownership of a utility's energy assets
divestiture
  The court-ordered separation of the Bell Operating Telephone Companies from AT&T
divestiture
When an employer sells all or part of its business to an unrelated entity
divestiture
The selling of some of a firm's assets for various strategic reasons (Chapter 17)
divestiture
The stripping off of one utility function from the others by selling (spinning-off) or in some other way changing the ownership of the assets related to that function Most commonly associated with spinning-off generation assets so they are no longer owned by the shareholders that own the transmission and distribution assets (See also "Disaggregation ")
divestiture
the sale by a company of a product line or a subsidiary or a division an order to an offending party to rid itself of property; it has the purpose of depriving the defendant of the gains of wrongful behavior; "the court found divestiture to be necessary in preventing a monopoly
divestiture
When a corporation separates a portion of its business and assets, such as power plants, transmission facilities, or distribution system, from the existing company This can occur through a sale, spin-off, or other transfer of a line of business Divestiture can occur voluntarily as a business decision driven by the market or by government mandate that a utility sells certain assets to diminish perceived market power
divestiture
The landmark event in the telecommunications industry, divesture occurred when AT&T divested itself of its local service operations on January 1, 1984 At this time, seven Regional Holding Companies (RHCs) were formed to won and operate the 22 local Bell Operating Companies AT&T retained the long distance service and the equipment manufacturing unit The Divestiture decree, called the Modified Final Judgment, set the framework for the future of the entire industry
divestiture
Removal of utility functions from one another by selling-off or in some other way changing the ownership of the related assets For example, this is most commonly associated with generation assets that are 'spun-off,' so these assets are no longer associated with the shareholders that own the transmission and distribution (T&D) assets
di- vestiture
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