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  2. Topic
    Business
  3. Study Set
    Principles of Managerial Finance
  4. Exam
    Exam 18: Mergers, Lbos, Divestitures, and Business Failure
  5. Question
    Like Business Bankruptcy and Business Failure, Divestiture Is Most Often
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Like Business Bankruptcy and Business Failure, Divestiture Is Most Often

Question 147

Question 147

True/False

Like business bankruptcy and business failure, divestiture is most often undertaken to relieve pressure by creditors such as bondholders and banks due to the firm's relatively high debt levels.

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