Word: bigs
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Dates: during 1970-1979
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...York lawyers. One is Lipton, a partner in Wachtell, Lipton, Rosen & Katz. The other is Joseph Flom, a partner in Skadden, Arps, Slate, Meagher & Flom. Both experts in the exquisite art of making tempting offers or executing legalistic delays, they have opposed each other in most of the big-name raids of the past decade...
...when Harvard-trained Flom represented management and Lipton, a graduate of New York University, represented a group of dissident shareholders in the United Industrial Corp. proxy fight. It was a draw. As Lipton recalls, "Joe got four seats on the board and we got four seats." Their first big tender fight was the $84 million Colt (Flom) takeover of Garlock (Lipton) where the term "Saturday Night Special" was coined to describe Colt's lightning raid. It is impossible to estimate which lawyer has a better winning record because even when one loses he usually gains some advantages-in price...
...monthly reports. After a fourth straight year of declining car sales, executives felt that bad news in twelve lumps is better than the same news meted out in 36 installments. American Motors also points out that its Jeep is not included in the car sales reports, but that big sales of that "utility vehicle" helped lift the firm's profits, to $26 million, in the quarter ended last month...
...question about it: the mechanization of farming does leave less work for field hands, and does make it harder for small farmers to compete with big ones. It also makes U.S. agriculture by far the most productive in the world, and holds down costs so much that Americans spend a smaller proportion of their incomes for food than do the citizens of any other major country. Instead of fighting this progress, C.R.L.A. might do better to stress another demand in its suit: that the university use some of its license and royalty income from development of farm machines...
...actual sequel. In the new film the lines behind which our guys are operating are Yugoslav. The mission of Force 10 is twofold: to kill a traitor who has been betraying Partisan secrets to the Chetniks and to destroy a bridge over which the Germans must mount their big offensive. The late Robert Shaw and Edward Fox are in charge of the former activity, Harrison Ford the latter...