Dictionary of Business Terms: crown jewels
crown jewels
in corporate mergers and acquisitions, target company's most desirable properties, the disposal of which reduces its value and attractiveness as a takeover candidate.
Dictionary of Finance and Investment Terms: crown jewels
crown jewels
the most desirable entities within a diversified corporation as measured by asset value, earning power and business prospects. The crown jewels usually figure prominently in takeover attempts; they typically are the main objective of the acquirer and may be sold by a takeover target to make the rest of the company less attractive.
