Divestiture

John Wiley & Sons - Strategic acquisition and divestiture 1 On March 7, 2012, Wiley announced its intention to divest assets in the areas of travel (including the Frommer’s brand), culinary, general interest, nautical, pets, and crafts, as well as the Webster’s New World and CliffsNotes brands. The planned divestiture is aligned with Wiley’s "increased strategic focus on content and services for research, learning, and professional practices, and on lifelong learning through digital technology".

Bell System divestiture 1 This divestiture was initiated by the filing in 1974 by the U.S

Bell System divestiture 1 Effective January 1, 1984, the Bell System’s many Bell Operating Company|member-companies were variously merged into seven independent Regional Holding Companies, also known as Regional Bell Operating Companies (RBOCs), or Baby Bells. This divestiture reduced the book value of ATT by approximately 70%.

Bell System divestiture - Effects 1 ATT's gambit in exchange for its divestiture, ATT Computer Systems, failed, and after spinning off its manufacturing operations (most notably Western Electric, which became Lucent, now Alcatel-Lucent) and other misguided acquisitions such as NCR Corporation|NCR and ATT Broadband, it was left with only its core business with roots as ATT Long Lines and its successor ATT Communications

Bell System divestiture - Effects 1 In this way, the implicit subsidies of the Bell System became explicit post-divestiture

Bell System divestiture - Effects 1 Another consequence of the divestiture was in how both national broadcast television (i.e

Bell System divestiture - Evolution of the Baby Bells 1 Following divestiture in 1984 and the creation of the seven Baby Bells, the service within the LATAs remained regulated until 1996, when the Telecommunications Act of 1996 was passed. Following this, the Baby Bells began consolidating amongst themselves.

ING Group - Capital injection and divestiture 1 This resulted in divestiture of a number of businesses around the world, which included insurance businesses in Latin America, Asia, Canada, Australia and New Zealand and the ING Direct unit in the US, Canada and the UK.

Divestiture 1 In finance and economics, 'divestment' or 'divestiture' is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment.

Nabisco - Subsequent divestitures 1 In 2000, Philip Morris Companies (now called the Altria Group) acquired Nabisco; that acquisition was approved by the Federal Trade Commission subject to the divestiture of products in five areas: three Jell-O and Royal brands types of products (dry-mix gelatin dessert, dry-mix pudding, no-bake desserts), intense mints (such as Altoids), and baking powder. Kraft Foods, at the time also a subsidiary of Altria, merged with Nabisco.

American Stores - Divestitures 1 In the early 1990s, American Stores divestitures included:

Jossey-Bass - Strategic acquisition and divestiture 1 On March 7, 2012, Wiley announced its intention to divest assets in the areas of travel (including the Frommer’s brand), culinary, general interest, nautical, pets, and crafts, as well as the Webster's New World Dictionary|Webster’s New World and CliffsNotes brands. The planned divestiture is aligned with Wiley’s increased strategic focus on content and services for research, learning, and professional practices, and on lifelong learning through digital technology.

Valero Energy Corporation - Divestitures 1 Shortly after the divestiture of Delaware City, the company sold its refinery at the Port of Paulsboro to PBF Energy, as well. The sale concluded Valero's refinery ownership on the East Coast.

Model 500 telephone - Ownership and ATT divestiture 1 In 1983, after the court ordered the Bell System divestiture, ATT started selling telephone sets outright to the public through its newly created ATT Information Systems|American Bell division

Ling-Temco-Vought - Divestiture of Braniff International and other subsidiaries 1 The company then went into a series of divestment|divestitures, most notably the entire LTV Aerospace division; the aerospace component retained the legacy Vought name as the independent Vought Corporation while the missile component later became part of Loral Corporation and later became the Lockheed Martin Missiles and Fire Control division

Atomic Energy of Canada Divestiture 1 Following divestiture of the reactor design division, AECL will consist of the current Nuclear Laboratories division, including the Chalk River laboratory (produces isotopes for medical imaging), and will continue to be a Crown Corporation on paper but will privatise the operation of its facilities.

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