Word: acquirees
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Foreign languages do not simply acquire American terms, of course, but adapt and rework them in a sort of hybridization variously known as Franglais, Spanglish or Japlish. The Germans, who have traditionally enjoyed concocting exotic combinations like Satisfaktionsfahigkei t (the state of being socially eligible to fight a duel), now...
Americans like mythy energies and exemplary deeds. H. Ross Perot builds Electronic Data Systems into a $947 million business before selling out to General Motors in 1984. When two EDS employees are imprisoned in Iran, he plans a raid that gets them out--something that the U.S. military could not...
And for yet one last Harvard memento, proud parents can buy a video cassette of their offspring's graduation for $130, which includes all seven hours of Class Day--morning and afternoon Exercises. The made-for-TV shortened version will also be available at a reduced cost courtesy of the...
In the market for large computers there are no sporting rivalries like Coke vs. Pepsi, Hertz vs. Avis, or Heinz vs. Hunt's. It is only IBM against the field. Big Blue controls almost 63% of the worldwide market, while an assortment of relatively puny competitors gets the rest. But...
Wall Street Financier William Simon is renowned for buying companies with borrowed money and then managing to reap huge profits on his in vestments. Last week he was at it again. Simon's Wesray investment firm agreed to acquire Avis, America's perennial No. 2 car-rental firm, from Beatrice...