Word: du
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Dates: during 1980-1989
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...Du Pont: Savannah River...
This sort of diversity can be seen by looking at the three companies for which Harvard had to cast proxy votes last year on nuclear weapons-related issues: The General Electric Co., The Du Pont Co. and The American Telephone and Telegraph...
...Du Pont operates Savannah River, near Aiken, S.C., on a non-profit basis for the government. Built by the chemicals giant in 1950 at the behest of the DOE's ancestor, the Atomic Energy Commission, the plant produces plutonium and tritium for nuclear weapons production. Harvard owns almost $5 million of Du Pont stock...
...Du Pont technicians also conduct research at Savannah River on various parts of the nuclear fuel cycle and manage the only two facilities in the country which can reprocess plutonium and uranium from nuclear waste produced by the defense program...
...after a takeover bid is announced, in the hope that they can resell the stock to the acquiring company at a much higher price when the deal is finally concluded. Risk arbitragers made estimated profits of about $200 million last year on Conoco stock when it was sold to Du Pont. Ivan F. Boesky, 45, is said to have made at least $40 million on the Conoco takeover...