Word: divested
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...past history suggests that the first possibility is a pipe dream. When Harvard was asked to divest itself of Gulf Oil stock two years ago, the University said it preferred to hold onto its shares in order to maintain influence over Gulf's actions. The University could conceivably demand that AP&L install the safeguards, but if AP&L refuses, Harvard will lose its bluff...
...because his New York law firm had handled some ITT matters.) ITT, fearing an adverse Supreme Court ruling and the probable loss of its profitable Hartford Fire Insurance Corp. acquisition, was seeking at least a delay in the suit. The Government was also asking that ITT be forced to divest itself of two lesser firms, Grinnell Corp. and Canteen Corp...
...Indiscretion. The appeal then was filed as originally planned. Before it was heard by the Supreme Court, however, the Justice Department worked out an out-of-court settlement allowing ITT to retain the Hartford firm-its priority aim-but to divest itself of most of Grinnell Corp. and all of Canteen Corp. Some outside business and legal experts felt that a Supreme Court decision might have been rougher on ITT. But White House and Justice Department officials have called it a good settlement for the Government, a judgment with which fired Special Prosecutor Archibald Cox concurs...
This month in a series of articles on housing, The Crimson revealed that the University would divest itself of approximately 25 properties rented to faculty and administrators...
...Daly Report says that "Harvard wants to divest itself of residential property not essential to its own needs"; however, the buy-back agreement serves notice that the University also wishes to retain control over who lives in the houses, all within walking distance of the Yard...