Word: acquirees
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This vision of renewal, however, is not only wiser, more civilized and pragmatic than its predecessors, but as of last week it was also a good deal more real. The city announced it would pony up $35 million to acquire the last private buildings on the block (since 1990, $185...
That relentless will to survive and conquer has now led Redstone, 70, the chairman of MTV-owner Viacom Inc., to launch what could be the business coup of a lifetime. At an age when most executives are thinking country clubs and conferences, Redstone last week engineered an $8.2 billion offer...
Perhaps so, but it's clear that Murdoch has been devoting great gobs of time to business marriages as well. Just two years after he was nearly buried beneath a mountain of debt, Murdoch, 62, is expanding his global empire more rapidly and restlessly than ever before. For starters, he...
"IT IS EASIER IN THESE UNITED STATES TO WALK AWAY from a marriage than from a commitment to purchase a used car," says Professor Thomas Morgan of the George Washington University School of Law. "Most contracts cannot be unilaterally abrogated; marriages in contemporary America can be terminated by practically anyone...
The merger turned out to be the richest -- and luckiest -- deal in McCaw's life. The two companies had first spoken of the arrangement last November when AT&T agreed to acquire 33% of McCaw Cellular of Kirkland, Washington, for $3.8 billion. Negotiations stalled, however, over the issue of how...