Word: biddinger
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Late last week, after the Robins board of directors met for an extraordinary 5 1/2 hours on New Year's Eve and nearly six hours on New Year's Day, the company announced that the winner of the bidding battle was Sanofi. The second largest French drug company, which manufactures...
It should have been a good week for George Bush. With the Democrats in disarray over Gary Hart, the Vice President maintains a comfortable edge over his strongest challenger, Republican Senator Robert Dole. Last week's poll for TIME by Yankelovich Clancy Shulman found Bush ahead of Dole, 40% to...
-- The Administration persistently refused to give ground on defense-spending cuts. The Republicans opened the bidding by offering Pentagon reductions totaling $4 billion. The Democrats countered with a suggestion for a $6.3 billion cut. At one point, a compromise of around $5.3 billion was in the works. But the final...
Christie's was not worried. The British auction house rented London's Royal Albert Hall last week, invited 3,000 guests and started the bidding at $3.6 million. Bids came by phone from two continents. Two minutes later, the gavel came down. Sold, for $9.8 million, the highest price ever...
The long-range result of the pirating might not be healthy for academe. As universities, like professional-sports owners, become caught up in bidding for a few known stars, they may stint on finding creative ways to build a team. Cornell's Palmer worries about developing a two-tier system...