Word: bidding
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Dates: during 1990-1999
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...consultations with Reed. Lamar Alexander, who last summer held that Washington should neither subsidize nor prohibit abortion, began shifting his view to the right after calling on Reed, who then rewarded the candidate by describing him as "pro-life." Says William Lacy, chief strategist for Dole's presidential bid: "Without having significant support of the Christian right a Republican cannot win the nomination or the general election." Reed is so hot a commodity that the presidential campaign of Senator Phil Gramm of Texas offered to hire him as its political director, the No. 2 staff job. Reed declined. It would...
What if you threw a takeover party and no investors came? Las Vegas financier Kirk Kerkorian was in that predicament last week as his bid to acquire Chrysler for $23 billion, or $55 a share, seemed close to collapse. Not a single bank or financial partner has come forward to provide cash for the buyout since Kerkorian and former Chrysler chairman Lee Iacocca proposed it on April 12. That lack of support has caused Chrysler stock, which jumped nearly $10 a share to $48.75 on the day of the announcement, to fall back since then and close last week...
...this may leave Kerkorian with little choice other than to sell the 10% of Chrysler stock he owns (it has gained $152 million just since he launched the bid), which would fetch him a profit of $1 billion at current prices. Not bad for a rejected suitor...
...team returns home this weekend for a doubleheader against Dartmouth in its final regular season game, and is hoping to earn a bid to the ECAC tournament later this month...
Rueb, who went undefeated in EITA singles action, was a key force in bringing the EITA crown back to Cambridge, and his play should earn him a bid to the NCAA singles tournament, later this month. Also, he will, in all likelihood, team up with sophomore teammate Mitty Arnold in the doubles tournament. (Official bids have not yet been announced...