Word: acquirees
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Fluor Corp. paid $2.7 billion to acquire St. Joe Minerals. The Kennecott copper company fought off a takeover attempt by Curtiss-Wright Corp. this year, only to be swallowed by Standard Oil Co. of Ohio. The oil companies are both the hunters, because their coffers are overflowing with petroprofits, and...
Moreover, inflation in construction costs has encouraged companies to buy existing factories rather than build them and acquire mines rather than dig their own. Concludes Tomislava Simic, an expert on merger patterns for Chicago's W.T.
Sophisticated though they are, the Kuwaitis have also made some mistakes and miscalculations. In the 1970s the sheikdom tried to acquire a controlling interest in West Germany's Daimler-Benz automaker but abandoned the effort after German bankers formed a consortium to keep the power in German hands. Last...
If the emerging foreign policy papers offer hope of providing clarity and consistency to the Administration's views of the world, one thing more seems urgently needed: the studies must be speeded through the bureaucratic maze and reach the President's desk. He-and the nation-needs all...
The resolution also in effect rejected Israel's rationale that it had destroyed the reactor because the government had learned that the Iraqis were about to use it to make atomic bombs to attack Israel. The text pointed out that Iraq had accepted the International Atomic Energy Agency'...