Divestiture can be accomplished by purchasing a business by selling shares of stock to the investing public or borrowing funds. spining an unwanted business off as a managerially and financially independent company by selling shares to the investing public via an initial public offering of stock. purchasing a business outright from another company. selecting only businesses that have ample resources to compete successfully on their own for sale to another company. reinvesting in an unwanted business to make a more financially and managerially stable company