Word: ares
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Dates: during 1980-1989
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An investigative reporter who covered the Iran-contra and Pentagon procurement scandals, Gup logged 35,000 miles in ten weeks traveling around the globe. He began toward the end of the ivory trail, in Tokyo and Hong Kong, where more than 400 tons of ivory were imported last year. Visiting...
The strike catches Boeing with an unprecedented order backlog of 1,063 commercial jets valued at $80 billion. Delivery dates are in danger of slipping as the company tries to meet surging demand from airlines eager to modernize their aging jet fleets. Earlier this year Boeing was forced to stretch...
The size of Trump's bid drew gasps as well, since it was the most ever offered for an airline and was almost 50% higher than the price of AMR shares just before the bid. But the airline industry is in the grip of takeover fever. After fending off bids...
American's best defense seems likely to be an attack on the amount of debt needed to finance a takeover attempt. Trump, whose personal fortune is estimated at between $1 billion and $3 billion, has offered to put $1 billion of his own money into the deal. The rest would...
American may also find an ally in Washington. Shaken by the upheavals at Northwest and United, which involved extensive foreign financing, the Senate Committee on Commerce, Science and Transportation approved a bill last week that would prevent any buyer from acquiring more than 25% of an airline without the explicit...