Word: nabisco
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Dates: during 1980-1989
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Harvard, however, has not expressed any concern about the takeover, though the Corporation, which owns the University, wrote letters to RJR Nabisco over the summer questioning the company's "heavy-handed" smoking promotion tactics in developing nations...
Harvard currently owns stock in RJR Nabisco, and so will profit from the partnership's takeover of the company and will also stand to gain from the purchase of the Nabisco stock...
...state fund has notified Kohlberg, Kravis that it wants to limit the use of its money not only because of allegations of a hostile takeover but also because RJR Nabisco is the fourth largest U.S. company doing business in South Africa, said Michael S. Lelyveld, press secretary for the Massachusetts Executive Office for Administration and Finance...
...pension fund, which has committed $50 million to the limited partnership, has a statute prohibiting investment of its assets in South Africa-related companies. Lelyveld said Massachusetts has not received a response to its request to stay out of the RJR Nabisco deal...
...Nabisco made such a move when it offered$17 billion for full control of the company lessthan two weeks before Kohlberg, Kravis made itshigher takeover offer. Gallagher added that ITTprobably could not legally withdraw from the deal...