Word: biddinger
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The star system, of course, is hardly a new phenomenon in TV news: Murrow, Walter Cronkite, and Huntley and Brinkley were certainly as popular as any of % the current luminaries. But salaries and network bidding wars entered a new phase in 1976, when Arledge lured Walters away from NBC for...
Beyond its impact on the opposing sides, the case tested a crucial aspect of the takeover binge that has raged through U.S. industry during the 1980s. By originally bidding $175 a share for Time and then raising the price to $200, Paramount contended that it was offering Time shareholders a...
To pull off the deal, Goldsmith and his partners propose to borrow nearly $17 billion. Drexel Burnham Lambert will raise $6.4 billion through a junk- bond issue, and Bankers Trust will assemble a consortium of banks to provide the rest. Yet B.A.T investors would get no cash for their 1.5...
The deans accused the current board of wasting money to test out competitive bidding approaches to providing legal services for low-income citizens.
Florida real estate investor Paul Bilzerian was determined to become a successful corporate raider. In 1985 and 1986 he attempted, and failed, to take over four different companies. In early 1988 the 38-year-old maverick managed to acquire defense contractor Singer by bidding for it when no one else...