RESTRUCTURING

Restructuring

Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring.

The above text is a snippet from Wikipedia: Restructuring
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restructuring

Noun

  1. A reorganization; an alteration of structure.

Verb



The above text is a snippet from Wiktionary: restructuring
and as such is available under the Creative Commons Attribution/Share-Alike License.

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