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Word: marriott (lookup in dictionary) (lookup stats)
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...over the summer, Harvard and three otherinvestors filed suit against the MarriottCorporation, hoping to block the company's splitinto a healthy hotel operation and a debt-ladenreal estate division. The University claimed itsnearly $34 million investment in Marriott woulddiminish in value substantially as a result of thesplit...

Author: By Stephen E. Frank, | Title: For Meyer and Friends, A Good Year at Last | 9/13/1993 | See Source »

...Harvard's argument was challenged by aDelaware Chancery Court judge, who called it"dark" and "Machiavellian." The Universityeventually settled its feud with Marriott and thecompany's breakup went ahead as planned...

Author: By Stephen E. Frank, | Title: For Meyer and Friends, A Good Year at Last | 9/13/1993 | See Source »

...University owns 480,300--or 12 percent--of Marriott's four million preferred shares, an investment which, as of yesterday, was worth approximately $38.7 million...

Author: By Joe Mathews, | Title: Harvard Settles Marriott Suit | 7/27/1993 | See Source »

Nick Hill, a spokesperson for Marriott, said the com- pany would not comment further on the matter...

Author: By Joe Mathews, | Title: Harvard Settles Marriott Suit | 7/27/1993 | See Source »

According to the terms of the split, Harvard will no longer receive a dividend on its preferred stock, and those shares will be convertible only into shares of the highly leveraged Host Marriott...

Author: By Joe Mathews, | Title: Harvard Settles Marriott Suit | 7/27/1993 | See Source »

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