Word: boosting
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Dates: during 1980-1989
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...through U.S. industry during the 1980s. By originally bidding $175 a share for Time and then raising the price to $200, Paramount contended that it was offering Time shareholders a rich reward for selling their stock. But Time insisted it was not for sale and that it could eventually boost the value of its shares well above $200 after acquiring Warner. The battle pitted against each other two contradictory interests that have been at war throughout the takeover era: the short-term enrichment of shareholders vs. longer-term growth and value. Declared the New York Times last month...
...that leaves virtually no room for negotiation, just as he intended. He had denounced Shamir's proposal as "the most dangerous plan ever suggested by a government," warning that it would lead to the formation of a Palestinian state. Sharon's assault on the peace plan also served to boost his own leadership ambitions...
...testimony last week gave a much needed boost to the prosecution. Since the trial got under way three weeks ago, four key witnesses have recanted their pretrial testimony. Two of them admitted they had initially been swayed by hopes of sharing in the $7.5 million reward offered by the government. The court has been sharply criticized for agreeing to preconditions set by Lisbet Palme for her testimony, including a ban on tape recorders and television cameras. The prosecutors, whose case against Pettersson is built on circumstantial evidence, have yet to come up with a murder weapon or a motive...
...independent Pebbles, each 3 ft. long and weighing perhaps 100 lbs., would do the job. The new SDI director, Lieut. General George Monahan, has cautiously embraced the concept as "doable" but warns that it is still an experimental approach. SDI supporters have rallied behind Pebbles as a welcome boost for the faltering program...
...relief is in sight. Members of the Organization of Petroleum Exporting Countries, whose squabbling has sometimes led to price wars, were relatively cooperative with one another when they met last week in Vienna. Because of strong worldwide demand for OPEC's crude, the group decided that it could boost its self-imposed production quota by 1 million bbl. a day, to 19.5 million, without suffering any serious decline in oil's market price of about $18 per bbl. Moreover, OPEC decided to review the new quotas in September, when the oil ministers meet again in Paris. They may be able...