Of all the divestitures, the sale of the steamship line has perhaps been the most painful for the family to deal with.
In all, the divestitures accounted for $7.4 billion in 1993 sales, but only $46 million in pretax profit.
When all the divestitures and layoffs are complete, Xerox will be a much smaller and focused company, which, in theory, will enable it to grow faster than its recent past.
"All the remedies, including divestiture, are still on the table as the [Court of Appeals] specifically said.
Diageo and Pernod are unlikely to keep all the Seagram brands, and further divestitures are expected.
Congress will decree sudden death by asking the reform-minded college presidents of the Knight Commission, their warnings unheeded all these years, to preside at jock divestiture.
He is not in favor of total divestiture or all-out sanctions.
Excluding divestitures, revenue gained in all of Dow's operating segments, as the company raised average prices 9 percent and volumes rose 14 percent from a year earlier.
The company plans to announce that it is seeking "strategic alternatives to maximize value for all shareholders, including acquisitions, strategic alliances, divestitures, a leveraged buyout, recapitalization and the potential sale of the company," according to a statement Gehl plans to release today.
This is a provision that obligates a buyer to take all steps to satisfy regulatory authorities, including making divestitures.
