Word: acquiree
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"We went into a conference room at the airport, and they told me what their intention was," said Diller, 52, who was still fresh from losing a six-month struggle to acquire Paramount Communications in February. "I gave them a big smile and said, 'It isn't a complete surprise...
Tisch moved fast to limit the damage. Declaring that "the merger discussion is at an end," he immediately walked away from QVC. "There was no chance," Diller recalls. "We absolutely knew that if Comcast made a competitive offer that Mr. Tisch would be gone in 10 seconds." To keep CBS...
Next, it turns out, was CBS. Last week Diller and CBS chairman Laurence Tisch announced that the Eye network would acquire QVC. CBS shareholders would own about 53% of the company, QVC shareholders the rest. If the deal goes through, Tisch will be chairman of the merged companies, and Diller...
At that point, Clinton's intentions will also have to come clear. Where does the U.S. draw its red line on North Korea? Clinton may be determined never to allow Kim to acquire any atom bombs. On the other hand, he may be unwilling to press North Korea any harder...
Now the next act begins. Even if some plutonium was diverted in 1989, it was enough for no more than one or two bombs. The fuel rods Pyongyang has just removed from the reactor will have to cool for about a month. After that, if the North Koreans reprocess them...