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Feb 29, 1996

How they do it at ITT

Ralph Allen explains how the old ITT was dismembered to create three new entities

Ralph Allen, vice president for investor relations at ITT, is a veteran of the profession that he joined back in the 1960s when investor relations was in its infancy. He remembers walking out of the University Club in Manhattan back in the 1970s to see a clump of rainsoaked pickets protesting at the club hosting a meeting of the IRA. He had not known that the Investor Relations Association, of which he was later to be president, was such an explosive issue. But then the Irish version had much

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