Word: divest
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Dates: during 1960-1969
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Sunderland took over some massive headaches apart from sinking profits. Among them: Fidel Castro's confiscation of 272,472 acres of United Fruit sugar and cattle lands in Cuba; a 1958 anti-trust consent decree requiring United Fruit, by 1970, to divest itself of roughly one-third of its banana import business...
...order house of Carl Joel. As a big supplier to the military, Neckermann was exempted from military duty when World War II began, became a Nazi well connected in party circles. At war's end, the Allies sentenced him to a year's imprisonment for failure to divest himself of his properties; he caught tuberculosis in jail, went to a refugee camp to recover...
...reason for Krupp's gesture: he is hoping for, and will probably get, a year's extension-or even a cancellation-of the Allied demand that he divest himself of all his coal and steel holdings by January...