Word: divesting
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Oberlin President S. Frederick Starr said that, in a meeting with the Rev. Leon Sullivan this month, he was surprised by the minister's inconclusiveness over how well the Sullivan Principles work, but he said he will nonetheless recommend that his school divest at the next meeting of Oberlin's trustees...
Starr will recommend to the trustees next month that Oberlin divest of its holdings in companies that do business in South Africa, The Oberlin Review reported...
...Senator wrote that he "would seek toresolve the conflict" but does not say whetherHarvard should divest...
...university is not sure exactly which of the companies in which it owns stock have operations in South Africa, and thus the companies from which it may divest will not be determined until a newly formed committee of students, faculty and administrators meets later this fall, said Columbia vice president for investments Roberta Weil...
Since deciding to divest from American companies in October of 1985, the university has sold more than $40 million of holdings. International divestment is expected to take less time than the two years allotted for domestic divestment, according to a university spokesman...