Word: binding
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Dates: during 1980-1989
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...stock last summer and in October got Government permission to increase Loews' holdings to as much as 25% of CBS's voting stock. But Tisch, who now has a seat on the CBS board of directors, reportedly refused the company's request to sign a standstill agreement that would bind him to the 25% limit. Last week his holdings reached 24.9% of common stock (though less than 24% of voting stock), causing concern at CBS that Tisch may be readying a move to take control of the company...
Still, even before last week's specially scheduled get-together between the two Presidents at the White House, Washington had agreed to mend fences by focusing on the bilateral issues that bind the two countries rather than on the problems that set them apart. "The Americans called and virtually asked us what we would like to have happen during the meetings," said a close aide to De la Madrid before the meeting. "We are very encouraged because they have never behaved in this way before...
...parallels between Wagner's life and his works, but few have ever acted on them so explicitly. Central to understanding the Seattle Opera's Ring is the notion that Wagner and Wotan are cognates, and that just as the composer uses leitmotivs, or musical symbols, to weave and bind his sprawling tapestry, so should Wotan employ theatrical symbols -- props -- to underscore the unity of the world he has created. The universe of the Ring is an illusion, a necromancer's house of cards, that must finally come crashing down...
...Midwest's surplus is so stubbornly large that even this year's severe drought in the South will fail to boost depressed farm prices. The sad result: farmers in those states will face a double bind of low prices and small harvests, which could push many of them over the financial brink. Last week's heat wave, which reached 105 degrees F in parts of the Carolinas, further scorched crops and killed more than 500,000 chickens. "This could put us completely out of business," laments Dairy Farmer Charlie Bouldin, of Chatham County, N.C., who expects less than...
...separate computer system links florists in New York with Candy-Gram shops in Oregon. Another yokes travel agents to airlines and hotels around the world. Others bind together bank tellers, brokers, car rental chains, defense contractors, factory robots, police departments, university labs, intelligence agencies and the vast U.S. military machine. Says Robert Metcalfe, inventor of the networking system called Ethernet: "It's like one big nervous system...