Word: acquirees
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For Ford, the experience was akin to buying a new car and then suffering a serious dent only a few days later. The No. 2 U.S. automaker began last week by announcing plans to acquire a 75% stake (price: more than $30 million) in Aston Martin Lagonda, the manufacturer of...
A 100-ft. Dutch windmill stands tall on the front lawn of William Simon's Long Island summer home. But despite his fondness for the unusual antique, the onetime Treasury Secretary and U.S. energy czar is no Don Quixote of the business world. There is nothing fanciful about his vision...
U.S. officials are worried about more than Noriega's alleged drug dealing. Customs agents say they have identified more than 75 Cuban and Soviet-bloc front companies apparently using Panama to circumvent restrictions on the export of American high technology. Every month, they say, tens of millions of dollars worth...
That may not assuage U.S. legislators who are certain that Pakistan seeks the Bomb to match India, which exploded a "peaceful nuclear device" in 1974. Looming in the background is a 1985 law requiring a cutoff of U.S. aid to any country that tries to illegally acquire American technology or...
Virtually no one on Wall Street believes Pickens intends to acquire Seattle-based Boeing (1986 sales: $16.3 billion) and become an aircraft tycoon. Nor is it likely that Pickens would succeed if he tried, since a hostile takeover could cost as much as $13 billion. Some investment pros believe Pickens...