Restructuring facts for kids
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.
Restructuring Facts for Kids. Kiddle Encyclopedia.