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In 2012, for example, when Sony and other investors took control of EMI's publishing catalog, they were required to sell off about $35 million in assets.
Last week Reuters said it will sell off about 14% of Instinet at a preliminary price range of $11 to $14 per share, in a deal expected to close by midyear.
Pitzer's board of trustees recently voted to approve a divestment plan to sell off about $4.4 million in fossil-fuel related investments, mainly in oil and gas companies, by the end of this year from the school's $125-million 125-million endowment
Now, the military is expected to sell off about 900 acres as part of a cost-cutting plan, and the state will have the first option to buy the land.
As a condition of approval, Universal will be forced to sell off about a third of EMI's assets to other music companies.
Last month, to overcome the objections of the European Commission, Universal agreed to sell off about two-thirds of EMI's holdings in Europe.
Similar(44)
We had a terrific run for seven and a half years, bought $15 billion of stuff, sold off about $6 billion, and had total returns, percentage-wise, in the 40s.
BANK OF AMERICA CONTINUES SHIFT FROM MORTGAGES | Bank of America continued a retreat from the home mortgage market on Monday, when it sold off about 20 percent of its loan servicing business.
To make ends meet, the city has in recent years sold off about $10 billion in property, and political leaders are now looking to close down some of their swimming pools and sell yet more city-owned apartments.
The bank, which already has sharply scaled back in making mortgages, on Monday sold off about 20 percent of its loan servicing business as part of its agreement to pay the housing finance giant Fannie Mae more than $11 billion to settle a bitter dispute over bad mortgages.
Mr, Mandel sold off about 24 million shares of the News Corporation, or about $376 million worth.
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