Word: settlements
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Washington, Assistant Attorney General William Baxter, who nine months earlier had declared his intention to "litigate it to the eyeballs," announced that the Justice Department had reached an out-of-court settlement with A T & T. That ended the Government's seven-year antitrust pursuit of the world's largest corporation (1980 revenues: $51.7 billion). Under the agreement, Ma Bell-as the giant communications company is popularly known-will divest nearly two-thirds of its total assets by spinning off 22 local operating companies. But at the same time, it will retain its long-distance services...
University financial officers believe that the value of Harvard's $71 million of stock in American Telephone and Telegraph Company (AT&T) and International Business Machines Corporation (IBM) will increase as a result of the Justice Department's settlement of cases against those companies last week...
...agreed Friday to divest 22 of its phone companies in an out-of-court settlement with the government, which also dropped all charges against IBM in a similar suit on the same...
George W. Siguler, associate treasurer of the University, said this weekend that the decisions "remove a cloud" over the companies and are good for the businesses and stockholders, but Harvard officials said the University will examine the results of the AT&T settlement before deciding what to do with the University's 386,550 shares...
...NLRB's regional director rules in favor of the fired employees, Ferdinand's could be forced to rehire all the former workers or negotiate an alternative settlement between management and labor