Word: acquiree
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The colossus of the computer industry took some giant steps last week, sending shivers through competitors that stand in its path. In a pair of sudden moves, International Business Machines (1983 revenues: $40 billion) demonstrated its determination to boost sales and broaden its product line. The Armonk, N.Y., company announced...
Meanwhile, the members of the Black Faculty and Administrators struggle to reconcile their minority concerns with their positions as employees of the University. Thus far, this "inside" position has lent a more moderate tone to the group's demands. But if Black hiring does not rise in coming months, their...
The Nestlé-Carnation deal continues a streak of mergers in the competitive food industry. Last month Chicago's Beatrice (Tropicana, La Choy) bought Esmark (Swift, Peter Pan) for $2.8 billion. Two weeks ago, Ralston Purina agreed to acquire ITT's Continental Baking division for $475 million. One...
These are not idle flights of fancy. There have already been attempts by lesbians and transsexuals to acquire babies. And the varied fertility controversies that reach the courts are sometimes of a rending intensity. In New York City, for instance, a Florida couple named John and Doris Del Zio in...
Zaccaro promised Lerman he would buy back Ferraro's share for $100,000. Thus Lerman knew he would get back his cash payment of $100,000. In buying the half-share, Zaccaro would acquire half the mortgage obligation.