Divestitures

/daɪˈvɛstɪtʃərz/ noun

Definition

Plural of divestiture; the acts of divesting or the assets divested, especially in corporate or financial contexts.

Etymology

From 'divestiture' (from 'divest' + the suffix '-ure' indicating an action or result), plural form created with -s. 'Ture' suffix comes from Latin.

Kelly Says

When large corporations announce divestitures, they're announcing breakups—like when Google spun off its self-driving car division Waymo, that was a divestiture that sent shockwaves through the tech world.

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