The State - News from June 16, 1985
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Sale of $96 million worth of South Africa-related stocks and bonds has been ordered by the Alameda County Retirement Board, which also directed that they be replaced with other securities that produce the same investment yield. The securities will be sold over several years, but there will be immediate divestiture in companies that sell weapons to the South African government. More than 12,000 county employees contribute to the retirement fund administered by the board.
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