Word: bidder
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...Another bidder, Cambridge Cablevision Corporation, has estimated the lowest number of cable subscribers among all four bids. "They are all proposing just about the same service, but we feel our view is the most realistic," company President Alan M. Flaherty said yesterday. The city's large population of transients reduces the cable users, Flaherty explained...
...offer would have reaped the most--$87 per share with plans to spin off the least profitable branches of the company to increase its overall attractiveness--it was too complex to be digested and worked out by the March 14 deadline. And so Gulf went to Socal, the high bidder...
Arco and Socal, including such non-oil giants as General Electric and Allied. (Another rumored bidder: the government of Kuwait.) The firms were shown the confidential data only after pledging not to make an unfriendly takeover bid for at least three years. According to some Pittsburgh insiders, Gulfs board could meet at any time to discuss possible bids. The asking price could be as high as $80 a share, or $13.2 billion. The firm considered most likely to make that offer was Arco, on whose behalf Chase Manhattan bank was assembling a $12 billion line of credit from as many...
...student who is told to ignore the connection between his education and his career, and who then jumps directly into the job market, is bound to be in an awkward position. He is more likely to sell his limited marketable skills to the first bidder rather than trying creatively to apply his training in innovative ways. No one has apparently tried to gauge the implications of this tread. OCS-OCL has expanded and enhanced its services in response to the growing impulse for immediate employment, but this alone is insufficient--it is a salve, not a cure. The College...
...ahead of the referendum's query. Cambridge should be allowed to compete for the sake of competition, to push private operators for their best package. The cable industry has been backsliding of late on franchise options, particularly in the area of public access. The presence of a municipally operated bidder will prevent this in Cambridge, ensuring its residents the full benefits possible from cable technology...