Word: divest
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Dates: during 1950-1959
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...Enterprises, January Music, Arch Music. (Entrepreneur Clark also has an interest in Drexel Productions, a TV packaging firm, and may have connections with Jamie Records, other record companies, a talent agency, a record-pressing plant, and a production company named Clarkfeld.) Faced with the ABC ultimatum, Clark decided to "divest" himself of his interests in various music firms (he did not specify how). His TV producer and partner in Swan Records, Tony Mammarella, decided to quit ABC in order to stay with the Clark company...
Under a 1953 Allied agreement, Krupp was ordered to divest himself of 74 per cent of his holdings. This was to insure against the resurrection of a combine that had helped build Hitler's war machine...
...they asked. The New York Times's TV Critic Jack Gould (see PRESS) quoted unidentified network executives who accused almost all TV writers of being "junketeers," i.e., free loading travelers who let networks, ad agencies or sponsors pick up the tab for a trip. And as if to divest itself of any further blame for thus "corrupting" the press, NBC canceled a January junket that had been organized to take 80 reporters to the West Coast...
Aref, a thrusting young Arab nationalist, fell because he tried to force Iraq into a quick union with Nasser's United Arab Republic. An Iraqi nationalist before all, Premier Kassem had tried to divest his friend by exiling him to the ambassadorship to West Germany. When Aref returned without permission at an awkward time, the Premier ordered his arrest. Kassem had decided personally, said the prosecutor, not to divulge "details" of Aref's trial, "in the interests of Arab solidarity." Nor was any sentence made public, though for treason there is usually only one punishment, and that quite...
...Hoffa is setting up deals right and left with A.F.L.-C.I.O. unions, such as the brewery workers, butchers and carpenters, the effect of which is to undermine the strength of the A.F.L.-C.I.O. He even has in mind calling a new Teamster convention so that he can divest himself of the three court-appointed monitors who are presiding over the promised Teamster cleanup, which is still in the promise stage...