Word: bidness
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Dates: during 1990-1999
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...true that the political system requires large sums of money from contenders. After all, the only person to make a competitive bid for the presidency outside of the established political parties (at least in '92) is a billionaire with his own financial resources. But the people in the system are accomplices...
...most of the "independent" companies are owned by media conglomerates: Miramax by the Walt Disney Co., Gramercy (which released Fargo) by Polygram, Fine Line (Shine) by Time Warner. October Films (Secrets & Lies) is partly financed by mighty Allen & Co., but despite rumors that it is open to a takeover bid, Bingham Ray vows to maintain autonomy. "We're at the peak of our game right now as a privately held, true independent," he says...
...live auction, which begins at 7 p.m. in the ARCO Forum, will feature about 30 items and will be conducted by faculty members in addition to a professional auctioneer. An additional 150 to 175 items will be up for bid at the silent auction from...
Items up for bid in the auction include lessons in foreign languages, Chinese acupuncture, a "manic panic" hair-dying session, expensive cigars, the opportunity to be the dining hall checker for a day and one hamburger a day for the rest of the year from the Eliot House Grill, according to Goldstein...
...YORK: ITT brushed aside Hilton's hostile takeover bid with a brisk "no thanks, and, by the way, your offer is too low." ITT, which owns numerous properties including Sheraton hotels and Madison Square Garden, said that besides being too low, the Hilton offer of $55 a share (or $6.5 billion total) was incompatible with its goals. "There are serious business conflicts in a Sheraton-Hilton combination," said ITT chairman Rand Araskog. The move is part of a strategy designed to push Hilton's offer above $60 a share. "This is not the end of it. Now the real...