Word: acquirees
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Not that TV Guide is in any danger of losing its standing as the nation's premier TV magazine. (Its last serious competitor, Time Inc.'s TV-CABLE WEEK, expired after six months of publication in 1983.) Officials contend that the circulation drop can be explained by an increase in...
Last week Sorrell was on the attack again, singling out one of the oldest and most venerable names in U.S. advertising. In an unwelcome bid, the Briton proposed to pay $730 million to acquire the Ogilvy Group, which owns Ogilvy & Mather, the fifth largest U.S. advertising firm. The agency, which...
The new capital structure will bolster a company war chest that already holds $4 billion in cash. The money will come in handy at a time when international pharmaceutical giants are scrambling to join forces. Hoffmann-La Roche, whose strong suit is prescription products, still smarts from its failure last...
New York Mayor Ed Koch, for one, does not care to hear excuses for the violence of the young. "You name one societal reason," he said, "that would cause people to engage in a wolf-pack operation, looking for victims." Throughout the week sociologists obliged, proffering familiar theories about why...
The pace of change and the explosion of information mean that professionals are swamped with too many new facts to absorb. Meanwhile, the drill-press operator discovers that the drill comes with a computer attached to it. Workers find that it takes all the energy they have just to remain...