Public Policy: 63 Million Shares to Go

After 13 years of courtroom hassling, the epic legal battle between the U.S. Government and the Du Pont Co. seemingly reached an end last week. In a 26-page final decree, Chicago's Federal Judge Walter J. La Buy ordered Du Pont to divest itself within three years of the $3.5 billion worth of General Motors stock that, according to Justice Department trustbusters, has given Du Pont undue influence over the auto company. To prevent possible resurgence of Du Pont influence over G.M. in a new form, La Buy also extended the divestiture order to two other groups: 1) 124...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!