Word: convert
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Murdoch lined up support last week from Saudi Prince Alwaleed bin Talal, who owns 3% of News' nonvoting shares and said he was willing to convert those shares into voting stock and buy even more. A second prong of defense emerged earlier, when Murdoch's board adopted a "poison pill" provision that would make it hugely expensive for Malone to add to his stake. Poison pills don't sit well with shareholder groups. "They generally are adopted by boards unilaterally just when shareholders least like to see them," says Ann Yerger, acting executive director at the Council of Institutional Investors...
...third quarter, the increasingly desperate Bulldogs failed to convert on fourth down as a bevy of Harvard’s defenders smothered Cowan yards behind the line of scrimmage...
...Masters” leading each House honors an element of Harvard’s history that should evoke shame and disgrace. It is time for the College to progress and change this controversial label to House President, House Head, Prime Minister—whatever—but it must convert it to something that is not a constant salute to a painful and reprehensible past...
After St. Lawrence racked up three penalties in quick succession, Harvard had an important 5-3 advantage. But the Crimson had failed to convert on its first such opportunity earlier in the period. Corriero took advantage of the second chance by pounding the puck home from in front of the net off a pass from Vaillancourt...
...third quarter, the increasingly desperate Bulldogs failed to convert on fourth down as a bevy of Harvard’s defenders smothered Cowan yards behind the line of scrimmage...