Word: australians
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Dates: during 1980-1989
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Warner Chairman Steven Ross did not wait for the Australian to make his next move. Two weeks ago, he struck up a partnership with Chris-Craft Industries that seemed tailor-made to thwart a Murdoch takeover bid. The agreement calls for Chris-Craft, a diversified New York-based manufacturer of boat engines, plastic products and chemicals, with fiscal 1983 revenues of $84.4 million and profits of $3.99 million, to acquire about 25% of Warner's stock. In return, Warner would gain a 42.5% stake in a Chris-Craft subsidiary that owns two television stations and interests in four others...
Murdoch met secretly with Ross and Chris-Craft Chairman Herbert Siegel in the Manhattan offices of Allen & Co., the Australian's investment banker. Ross and Siegel reportedly tried to persuade Murdoch to sell his Warner shares, but they must have failed. Murdoch subsequently sued Warner and Chris-Craft in a Delaware state court, saying that their deal was designed merely to protect the interests of the managements of the two corporations...
...Australian government has greatly elevated arms control and disarmament goals within our foreign policy. As a member of every multilateral disarmament body, Australia is promoting the negotiation of treaties to end nuclear testing and to ban chemical weapons, and measures to prevent an arms race in outer space. We are also helping to strengthen measures against the spread of nuclear weapons. For countries such as ours, there is no substitute for the hard slog of multilateral negotiations designed to engage the interests and support of the superpowers. We were recently encouraged by a U.N. vote in which this year...
...would stress that adequate and effective provision for verification is the crucial precondition for progress. Australia wants to make a constructive and realistic contribution within our means. In this connection, the joint U.S.-Australian facilities on our soil play an important role in arms-control verification as well as maintaining Western security. We are upgrading our capacity to monitor nuclear explosions by seismic means...
...March 1982, Evans resigned after serving just a year as editor of the Times of London, one of the world's most eminent newspapers. But he did not leave voluntarily. He was shoved out by Rupert Murdoch, the Australian press baron who had bought the Times and its sister publication the Sunday Times in 1981. And, in a nice twist, it was Murdoch who had hired Evans in the first place, luring him away from the editorship of the Sunday Times, a post he had held for 14 years...