Word: divests
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Dates: during 1970-1979
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...president of International Telephone & Telegraph Corp., gather in his Manhattan headquarters for one of the best-known staff meetings in the business world. In the near future, however, there could be a significant drop-off in attendance. At the behest of the Justice Department, ITT has agreed to divest itself of six important companies...
More Aid. The Penn Central, however, has been under pressure from Congress to divest itself of its nontrans-portation assets. In fact, divestiture was a condition that the Government attached to a promise to guarantee $125 million in loans last winter. Now it seems that unless higher freight rates and more stringent work rules are approved this summer by the Interstate Commerce Commission, the company will need more such aid to continue operating. Congress might not grant the aid if the company still clings to its fancy real estate in midtown Manhattan...
...think has sex appeal? asked London's Sunday Times Magazine, as it began a daisy chain of nominations with Supermodel Jean Shrimpton, 27. She picked Architect Buckminster Fuller, 75 ("I particularly like his geodesic domes"). Fuller picked Ballerina Dame Margot Fonteyn, 51 ("I have been unable to divest myself of an awareness-not induced by others -that she is of the opposite sex"). And so on, to Rockster Mick Jagger, 27, and his surprise choice: Actor-Author Noel Coward, 71 (no reason given). Coward, too, had a bit of a surprise for his friends. "I should have liked...
...reviewers, for there is no way to describe it without giving away its secrets. It can only be said that its protagonist, a successful whodunit writer named Andrew Wyke (Anthony Quayle), is a witty snob who is inwardly delighted when a would-be lover makes a bid to divest him of his burdensome wife. Wyke sets out to ensnare his apparent dupe (Keith Baxter) in his own obsession with masks, disguises and charades, and, of course, is himself ensnared...
...largest suburban daily to the publishing giant of the West. Informal meetings between Newsday's Guggenheim and Norman Chandler, chairman of the executive committee of the Times Mirror Co. (which publishes the Los Angeles Times), began three weeks ago. "The Captain," ailing at 79, is anxious to divest himself of the paper, and Chandler is anxious to buy, to the extent of a reported $75 million worth of Times Mirror stock. The rub: Minority Stockholders Joseph Albright (Newsday's Washington bureau chief) and Alice Albright Hoge, the heirs of Mrs. Guggenheim (Alicia Patterson), were balking. At Newsday itself...