Word: divesting
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Dates: during 1990-1999
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...bargain hunting. Consider Cape Cod, Massachusetts, where Loewen controls all but three funeral homes from Hyannis to Provincetown. (It offered to buy two of those three as well, but their owners declined.) The Massachusetts attorney general became concerned enough about Loewen's near monopoly to require the company to divest itself of three homes, a move of questionable value given that Loewen had already shut one down and the other two were small operations. Owners of all three surviving independents say they don't mind Loewen's presence because Loewen boosts its prices so high that any customers with...
...year when former Director of Dining Services Michael P. Berry decided to remain with Coca-Cola instead of switching to Pepsi, part of his rationale was Pepsico's involvement in Burma. (And the loss of this $1,000,000 contract became part of Pepsico's subsequent decision to partially divest from the Asian country...
...staff's knee-jerk reaction to the uncovering of severe racism at Texaco wrongly calls for the University to divest should Harvard not be able to clear the oil company of its tarnished name. In so doing, a mistaken question is posed: The issue is not whether Texaco's executives have institutionalized racism there (they have), but how Harvard can most effectively combat that racism...
...tribes across a region the size of Western Europe, is already at risk. Only Mobutu's will and wizardry have held the place together for so long. His style of rule combines charisma with a flair for draconian repression. (As part of an "authenticity campaign" in the '70s to divest Zaire of its European taint, he outlawed bow ties, public kissing and Christmas.) But he also successfully marketed his country to the West as a bulwark against Soviet expansion in Africa, until the collapse of the Soviet Union robbed him of his usefulness...
...think Harvard should divest at this point," Simons said. "If this is ongoing, we may feel that we should divest later on, but right now I think it's too early...