Word: divesting
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...Justice Department had reached an out-of-court settlement with A T & T. That ended the Government's seven-year antitrust pursuit of the world's largest corporation (1980 revenues: $51.7 billion). Under the agreement, Ma Bell-as the giant communications company is popularly known-will divest nearly two-thirds of its total assets by spinning off 22 local operating companies. But at the same time, it will retain its long-distance services and be able to enter new fields of data processing and telecommunications...
...agreed Friday to divest 22 of its phone companies in an out-of-court settlement with the government, which also dropped all charges against IBM in a similar suit on the same...
...legal hurdles, many years and dollars behind schedule. The "revolutionary" Core Curriculum became fully implemented, but many courses bore a disturbing similarity to their predecessors in General Education. The Corporation sold $50 million worth of Citibank stock in accordance with its policy established in the late 70s--to divest itself of holdings dealing with the South African government--but was too bashful to tell anyone about it. Administrators and Faculty grappled with the issue of technology transfer and the propriety of University-business ties, another matter sure to resurface...
Lewis' greatest triumph was his decisive handling of the air-traffic controllers' strike. When negotiations failed, the Federal Aviation Administration, which he oversees, managed to keep air traffic moving. Less visibly, Lewis has worked to get the Government out of the railway business and eventually divest itself of the Conrail freight line in the Northeast. He is also working to cut back federal subsidies for Amtrak passenger trains and for local transit systems. Many may strongly oppose his programs, but almost all who have dealt with him admire his effectiveness and his attention to political sensitivities. A possible...
...professor at Northwestern, said there were "political implications" to the deportation order, adding that his role in organizing demonstrations against South African sports teams playing in the United States was probably a factor in the deportation effort. Brutus has also been active in efforts to convince U.S. colleges to divest their stockholdings in companies that conduct business in South Africa...