Word: convert
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Dates: during 1990-1999
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...those students, Cyrus I. Harvey '47, convinced the theater's owner at the time, Bryant Holiday, to convert the building into a cinema. As a movie house, the Brattle gained notoriety in 1955 by successfully challenging Massachusetts blue laws restricting films that could be shown on Sundays...
Last week, in a bid to raise capital, Equitable Life Assurance Society, the third largest U.S. insurer, announced it will convert to a stock-owned company. The $500 million in additional capital that chairman Richard Jenrette expects to raise through the stock sale will help offset large losses from risky ventures: junk bonds, real estate and high-interest guaranteed- investment contracts. It will also make it easier for the company to diversify...
Analysts are cautiously optimistic about the proposal. Says Larry Brossman, vice president of Duff & Phelps, a credit-rating company: "It may lead the way for others not in as much trouble as Equitable." The unknown element: the nearly 3 million policyholders whom Equitable hopes to convert to shareholders by getting them to vote yes for the plan...
...very model of modern Roman Catholic femininity: wife, mother and the first woman in Germany appointed to teach theology under church auspices. For good measure, Uta Ranke-Heinemann was a convert from Protestantism, the daughter of a West German President and the wife of a first cousin of Poland's Catholic Primate. Nonetheless, in 1987 the German hierarchy forced the University of Essen to oust Ranke-Heinemann from her Catholic professorship and give her another teaching post that would not imply any church endorsement. Her sin: in defiance of Christian teaching, Ranke-Heinemann had concluded that Mary...
...abysmal showing in computers so far is somewhat baffling. Its scientists at Bell Laboratories have been on the leading edge of computing, playing a key role in developing such technology as the microprocessor. But the company has failed to convert high science into financial success. Its first commercial computers, a series of midsize machines called 3Bs, flopped largely because, at up to $100,000, they were overpriced. The company later formed joint ventures with Convergent Technologies and Italy's Olivetti to make personal computers under the AT&T brand. It also formed a partnership with Sun and made a number...