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Definition *. A demerger is the process of removing a business from the encumbrance of a conglomerate. As such, it is the opposite of a merger or an acquisition. It occurs when a firm takes part of its business and spins it off into a separate business entity (Clark-Meads 1996a).
A Dementor is a gliding, wraith-like dark creature, widely considered to be one of the foulest to inhabit the world. Dementors feed on human happiness and thus generate feelings of depression and despair in any person in close proximity to them.