Word: bidding
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Dates: during 1990-1999
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MIKE WALLACE & CO. 60 Minutes graybeards stifle bid to clone the show. Self-imitation isn't flattering--or shrewd...
...Sure enough, the company announced last week that this year's first-quarter net profit had dropped 10% from last year, from $48 million to $43.1 million. On top of this, the Prada purchase has highlighted Gucci's lack of defenses against a hostile takeover bid...
Bertelli's latest bid, says an Italian financial analyst, leaves little downside for Prada: "He's in a win-win situation. He's probably trying to put together a group so that he can go to a shareholders' meeting with 10% to 15% of the company. Given the broad ownership of Gucci, that would put him in a position to wield some power. If that doesn't work, at least he's put the company in play and could make $10 million or $20 million off the deal." There is even talk that Bertelli, a sailing fan, is just fund...
...Thankfully, no-one was. But the drunken English hooligan -- the kind of soccer parasite last seen on the streets of Turin in 1990 -- has reared his ugly head again. A pall has been cast over today's game, not to mention England's bid to host the World...
...border despite Mexico's strenuous objections to a recent sting operation, says TIME reporter Stewart Stogel. "The 'Operation Casablanca' sting played well on Capitol Hill, and that will carry more weight than Mexico's objections," says Stogel. Presidents Clinton and Zedillo met for an hour yesterday in a bid to resolve tensions over the operation, in which the Mexican government was kept out of the loop as U.S. agents arrested a number of Mexicans accused of money laundering, and brought them to the U.S. for trial...