Word: acquiree
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Kinder-Care is the prodigy of Perry Mendel, 56, a stocky, effusive former real estate developer whom some call the Colonel Sanders of child care. He opened the first center in Montgomery in 1969, pouring in $15,000 of his own money and $185,000 from assorted investors. The company...
Contrary to Warhol's essentially democratic premise-everybody, but briefly -fame elevates some mortals into realms where their celebrity achieves a life of its own. While a Tiny Tim or a Judith Exner may flare and fade, others acquire a strange permanence-or its illusion, which is of course...
Under McAfee, Gulf has been busy trying to sell off its real estate and other unprofitable properties, while concentrating on its basic business of oil and gas. The company spent more than $200 million last year in stepped-up onshore exploration in the U.S. It also paid $314 million last...
Mobutu's relations with his neighbors are strained, to say the least. Angola in particular has had problems with his erratic and belligerent style. Mobutu's designs on Angola have never been secret: he wanted to acquire the oil-rich enclave of Cabinda--which is separated from Angola by the...
Last week's test run provided a preview of the casino's tasteful red, brown and orange decor. TIME Correspondent John Tompkins' assessment: "The equal of the most modern gaming rooms in Las Vegas, even if the croupiers, dealers and pit bosses are youthful amateurs who make...