divest
Definition
To sell off. Often referred to in the context of a company selling off divisions that are eithera poor fit within the overall corporate strategy, or showing poor financial performance.
alam ko Chowking and Greenwhich kase pag aari na ng Jolibee Food corporation ang chowking tsaka Greenwhich pero hindi ko alam kung ilang percent
Balita ko sa Chowking noon sabi daw ang original na may ari ibinenta kasi daw mahal ang maintenance
liquidate
To convert to cash.
To sell all of a company's assets, pay outstanding debts, and distribute the remainder to shareholders, and then go out of business.
Axium International Inc., based at 5800 Wilshire Blvd. in Los Angeles, was one of three major companies that process payrolls for and provide related services to production companies, studios, trade unions and other industry clients.
The Chapter 7 petition, filed in U.S. Bankruptcy Court in Los Angeles, shed little light on why the company suddenly went belly up, except to note that it “lacks sufficient liquidity or other resources†to meet its financial obligations.
Axium executives told employees in e-mail messages Monday and Tuesday that the company had fallen victim to a “liquidity crisis†that forced it to cease all operations, said Randy Klinenberg, who headed RightsMax, the company’s rights-management software unit.
