Word: divest
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...recent years, the two committees did agree to force HMC to divest selectively from businesses operating in South Africa during apartheid and firms that manufacture tobacco products...
...students protested Harvard'sinvestments by occupying Mass. Hall, and theUniversity eventually responded with a plan to"divest selectively" from South Africa...
...billion deal to buy Barnett. Then he backed away from a pledge to cut $450 million out of Barnett's costs this year because of difficulty digesting the earlier acquisition. Nonetheless, NationsBank is shedding 200 branches in Florida (including 124 that state regulators have ordered it to divest) and reducing the merged workforce from 30,000 to 22,000. Gleeful local rivals have launched an ad blitz that analysts say could persuade about 10% of Barnett's customers to switch their accounts...
Faced with declining dividends, the institutions wanted to sell their stock, but the CEO held the cards. The stock price, meanwhile, slid from its $56 high in 1992 to about half that in the summer of 1997. At the close of 1997, Grune agreed to let the institutions divest. Six of eight foundations dumped 11.8 million shares, worth more than a quarter-billion dollars. Critics like Paul Tierney, whose company Corporate Value Partners owns 1.5 million shares, think the deal is less than charitable. The institutions had to sell at 25% under the market price. They were "like lambs being...
...Student Affairs Committee, charged with voicing student concerns to the administration and the world, and not the Campus Life Committee, dedicated to bringing us a string of mediocre and over-priced bands for Springfest. Yes, the council did start to talk about politics, but in asking the University to divest from Nigeria, for example, it was merely taking a cue from the council of 10 years before in its constant battle for divestiture from South Africa...