Word: divests
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Dates: during 1970-1979
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...think they'll get the Corporation to divest, but I still think it's worthwhile because it's still important to show that students are concerned about these things." David Wilkins, a first-year law student, said yesterday...
...survive, and this year many student groups, including the Black Students Association, are calling for Harvard's divestiture of stock in U.S. firms that help uphold the white minority government in South Africa. In 1972, persuasion failed so students took over a building--that also failed to make Harvard divest. Today rumors abound of a possible sit-in if the also assistant to the Corporation's investment all U.S. firms from South Africa, although none of the groups in the United Front, a newly-formed coalition of seven campus anti-apartheid groups, of the Front itself, have announced plans...
...chairman of the Corporation's investment subcommittee, debated with various speakers over the possible results of U.S. corporate withdrawal. However, Mary Nolan, assistant professor of History, found an enthusiastic audience by bringing the focus of the discussion back to Harvard, telling the Corporation members, "If you don't divest, you're an accomplice to apartheid, and I think you should own up to that...
That siren song should win some ready listeners. When the big copper producer was forced to divest itself of Peabody Coal by Government edict last June, savvy Wall Street analysts speculated that some or all of the $1.2 billion Kennecott received would be paid in the form of a special dividend. Instead, Chairman Milliken, apparently fearing an unfriendly takeover attempt, paid $66 a share for Carborundum. The rationale: the bigger the company, the more difficult it is to finance a raid. By paying more than twice the book value for a ho-hum company, Milliken let himself in for savage...
...afternoon the students came out. Not to be outdone by recently successful demonstrators at the University of Pennsylvania and Boston University, they chanted anti-apartheid slogans, marched and held up signs urging Harvard to divest itself of stock in firms supporting apartheid...