Named events in which a company split into separate independent entities, spun off a division, or sold a business unit to another owner, including demergers, breakups and the sale of a subsidiary or product line. Belongs here: any event whose defining act is a company becoming smaller or dividing rather than combining, whether voluntary or the result of a prior regulatory or antitrust action. Does not belong here: the antitrust case or investigation that may have led to a breakup, grouped under Antitrust and Regulatory Actions, and events where two companies joined together, grouped under Mergers and Acquisitions.
Facts
Comparison
Originating Era Browse By
Sources
1. Wikipedia: Standard Oil
WikipediaStandard Oil, Breakup sectionQuote, Standard Oil, Breakup section
In 1911, the landmark Supreme Court case Standard Oil Co. of New Jersey v. United States found Jersey Standard guilty of anticompetitive practices and ordered it to break up its holdings.
View the Source Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.