Word: blitzed
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...that hasn't slowed the latest blitz of deals. December 2004 saw $147 billion in mergers vs. $41 billion a year earlier, according to Thomson Financial. In January an additional $150 billion worth was announced. A recent survey by Bank of America Business Capital found that 23% of chief financial officers expect to do a major deal this year...
Danziger's company and others are preparing for battle. ZipRealty and HouseValues, another online firm, each raised tens of millions of dollars late last year selling initial shares of stock to the public--in part to fund a marketing blitz. LendingTree was sold to Barry Diller's IAC/InterActiveCorp in 2003, giving it deep pockets to jump-start its real estate ambitions. In just a year, LendingTree has gone from zero listings to more than a million. Foxtons, which is owned by London's biggest real estate firm, will relaunch its U.S. business this month with a marketing push...
With the trail of Osama bin Laden gone cold, the U.S. State Department is revving up a new publicity blitz to remind Afghans and Pakistanis of the $25 million bounty for al-Qaeda's chief. Bin Laden is still thought to be hiding somewhere along the 1,640-mile, mountainous Afghanistan-Pakistan border, but intelligence officials in Kabul and Islamabad say there has been no trace of him for the past 20 months. By the end of February, the White House is expected to double the sum on bin Laden's head, to $50 million, acting on legislation passed...
...some extent they have been, with sales falling over the past few years as Americans traded up to SUVs and roomier, performance-enhanced sedans and minivans. With gas prices up nearly 70% since 2002, however, and a crackdown on tailpipe emissions looming in California, automakers are preparing a blitz of downsized models, from hatchbacks to wagons and minivans; even a pint-size Jeep is in the works. "There's a lot of activity in the segment," says analyst Jeff Schuster of J.D. Power & Associates. He forecasts that small-vehicle sales, far from disappearing, will hold their own, rising from...
...good news: the two Simonas were alive; a satellite had picked up the sound of their voices. Letta played the crackling tape to the opposition politicians. They agreed it was better to negotiate with the hostage takers, who realized they'd been discovered, than to launch a military blitz. Though it fueled suspicions that a ransom was paid (which the government has denied), Letta believed a negotiated handover would help the young women get home safely, which was what mattered most. And keeping the opposition in the loop would provide political cover. "All of the most delicate negotiations," says...