Word: bidding
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Dates: during 1960-1969
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...Perrier desires Genvrain, the largest company in France's inefficient and fragmented dairy industry. The French government heartily approves Perrier's bid, which would both foil any foreign attempt to take over Genvrain and represent a major move toward consolidating France's 3,000 scattered dairy firms. Finance Minister Valéry Giscard d'Estaing indicates as much in a meeting with the publicity-shy strategist of Perrier's expansion, President Gustave Leven. Perrier makes a generous proposal for Genvrain: $56 a share for stock that was selling for $45 on the Bourse. Genvrain would...
...Suddenly, Perrier itself is attacked. Mysterious buyers corner 10% of its shares. On the theory of "Cherchez Pétranger," suspicion immediately falls on Unilever, the Anglo-Dutch giant whose own bid for Sapiem has been rejected after the French government persuaded Sapiem to resist any foreign liaisons. Unilever emphatically denies raiding Perrier, and so do other potential foreign rivals, notably Switzerland's Nestlé and the U.S.'s KraftCo, which are also reputed to have eyes on France's dairy industry...
...John V. Lindsay-tacking the support of either major political party-won his bid for re-election as Mayor of New York yesterday. Running on the Liberal and Independent tickets, he defeated Democrat Mario Procaccino and Republican-Conservative John Marchi...
Though most of the incumbents are favored to win their races, there is a good possibility that one of the current councillors- Daniel J. Hayes Jr.- will lose his re-election bid...
Then there was the Democratic candidate's most recent bid for the Negro vote. Many New Yorkers had not known what to make of his earlier declaration before a Harlem audience that he was "as black as you are"; but the ambiguity wore sharp with his claim that he knew Harlem's problems from having worked there twenty years in his father's shoe business. Harlem residents, for some reason, look not fondly on the white entrepreneurs who have for so long enjoyed such a strong presence in the ghetto. Left to simmer by itself, this attitude tends...