Restructuring

Definition (http://en.wikipedia.org/wiki/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. (Wikipedia)

Preferred Units: N/A

Scope Note:
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This term is used for the following terms: 
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Approved Date
08-Nov-2013

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