Word: biddinger
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The overall settlement bears the players' cleat marks. The compensation formula will seemingly have little effect on the owners' bidding wars, so the players should be able to maintain their bargaining power as free agents. Even so, they are slightly worse off than they were when the walkout...
The two companies still in the bidding for the Boston franchise--Warner Amex and Cablevision--say they want the contract here for their "track record" to bid for future projects across the country. Sheila Mahony, vice president of Cablevision, says her company is "anxious" to work with Boston because the...
Many members of Congress, including Judiciary's Rodino and Rhode Island Democrat Fernand St Germain, the chairman of the House Banking Committee, see a disturbing connection among high interest rates, sluggish growth and the merger explosion. In the bidding battle for Conoco alone, they note, the contestants lave lined...
The bidding for Conoco continues to rise because of the company's huge treasure chest of natural resources. Conoco has oil drilling rigs from the Gulf of Mexico to the South China Sea, coal mines from West Virginia to Alberta, natural gas wells from Texas to the North Sea...
Seagram has retained two investment banking firms, Lazard Freres and Shearson Loeb Rhoades, in its effort to snare Conoco. Rohatyn and his Lazard Freres staff of only a dozen handled $10 billion worth of mergers last year. Shearson's group is led by Managing Director Mark Millard, 72, who...