Word: divester
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Dates: during 1940-1949
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...surprised. Most holding companies gave up hope long ago and began breaking up their systems. North American, whose appeal in 1943 from a Government order to divest itself of its 80 companies brought the Supreme Court into the fight, is still largely intact. It will now have to confine its activities to St. Louis (the Union Electric...
...week: "What can we do about starvation? We have only eight Government officers in a city of nearly three million." In another prefecture, less than half the 250 war plants that wanted to make peacetime products have even been examined-and after each such survey, it takes weeks to divest local Jap authorities of their national aptitude for red tape, graft and apathy, before the factory gets going again...
...appointment, yet to be confirmed by stockholders, lies a struggle by Chicago's American Light and Traction Co. to boost the price of Detroit Edison stock. A.L. & T. holds 1,289,205 shares of Detroit Edison, which it purchased for $53 million. SEC has ordered A.L. & T. to divest itself of its Edison holdings. But the present market value at 19⅞ is only a little over $25 million. A.L. & T. naturally dislikes to take the huge loss...
Professor Sorokin went on to divest himself of mature sociological thought on matters ranging from the level of maturity attained by Radcliffe girls to the value and standards of religion in the postwar world, to audiences ranging from Harvard undergraduates to readers of the magazine "Current Religious Thought...
Shepherding the scholars is the Institute's second Director, Frank Aydelotte. The first was Abraham Flexner, long-secretary of the Rockefeller General Education Board, who conceived the Institute to help the Bambergers usefully divest themselves of a piece of their fortune. Kindly, eary Aydelotte, onetime president of Swarthmore College, has reigned smoothly in Fuld Hall for four years. A specialist in Elizabethan literature, he hastens to admit that his professors are usually far beyond him in their special fields. He hopes that the Institute is influencing U.S. education right down to its foundations. Believing that the best teachers must...