Word: pepsico
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Dates: during 1990-1999
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Simons said he feels that Harvard students played a "not insignificant" role in PepsiCo's latest corporate decision, mentioning Harvard Dining Services' (HDS) choosing Coca-Cola over Pepsi during contract negotiations last spring...
...Harvard Burma Action Group (HBAG) chair led last spring's resistance to having Pepsi in the dining halls. PepsiCo's recent announcement that it will withdraw all investment from Burma by May 31, 1997 has changed his mind...
...recent years, PepsiCo has come under fire from human right activities for its investment in a country governed by an oppressive military dictatorship, according to the HBAG press release...
Pepsi-Cola spokesperson Keith Hughes said PepsiCo began pulling out of Burma during May of last year. But by this summer, the withdrawal will be complete...
...enough, Texaco also maintains operations in Burma, whose repressive military government has come under heavy fire in recent years. In fact, last year when former Director of Dining Services Michael P. Berry decided to remain with Coca-Cola instead of switching to Pepsi, part of his rationale was Pepsico's involvement in Burma. (And the loss of this $1,000,000 contract became part of Pepsico's subsequent decision to partially divest from the Asian country...