Word: auctioning
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Dates: during 1990-1999
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...change anything. The change came about because of the court ruling in Delaware. We started off with a merger in September of Paramount and Viacom, and that merger is not going to take place along the lines we envisioned. The court, with which we respectfully disagreed, mandated that we auction off the company, and that is exactly what we have been doing. The latest QVC bid is a superior offer...
...think it's a failure in the long term. If you go back to what we started to do in 1983, we've been consistent in what we've done. We have built shareholder value. We built a superb company, as evidenced by the fact that we have an auction going on. Somebody wants it and is willing to pay a steep price...
...billion, or about $85 a share at recent market prices, along with Viacom's offer of $9.5 billion, or about $79.35 a share. The ruling struck down the defenses that Paramount and Viacom had erected against competing bidders and, in effect, placed Paramount on the auction block...
...1950s the launching of Sputnik sent chills of inferiority down American spines. Things have changed, and last Saturday 200 artifacts from the Soviet space program went up for auction at Sotheby's in New York City...
With baseball cards somewhat passe nowadays, these connoisseurs came to the auction to buy genuine, "game-used" equipment and paraphernalia straight from the clubhouse, complete with "letters of authenticity" from experts, family members and previous owners. "The closer you get to the player, the better," explained Leland's chairman, Joshua Evans. "Lots of use is desirable. Our great jerseys have never been cleaned and are all sweaty and dirty." Jackie Robinson's Brooklyn Dodgers shirt from 1949 was carried down the ballroom aisle hung on a gold stanchion, like some saint's relic, and spike marks and bloodstains could...