Word: braced
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...followed by breakfast, interviews with the press and a book-signing appearance. By afternoon they were on Manhattan's Lower East Side to announce a major housing initiative for the poor and visit an apartment house they helped rehabilitate two summers ago. Such a hectic schedule might tax a brace of yuppies but not Jimmy and Rosalynn Carter. Looking refreshed and relaxed last week as they sat together in their New York City hotel suite, Jimmy, 62, and Rosalynn, 59, are clearly exhilarated by all the fanfare for their new book, Everything to Gain: Making the Most of the Rest...
...would-be acquisitors. Lately a new strategy seems to be gaining favor: paying gobs of borrowed money to all stockholders, including unwelcome suitors, in a maneuver known as recapitalization. The idea is to create a debt-burdened company less attractive to raiders. Last week both publishing giant Harcourt Brace Jovanovich (1986 revenues: $1.3 billion), of Orlando, and travel conglomerate Allegis (1986 revenues: $9.2 billion), of Elk Grove Township, Ill., made use of this shark repellent to fend off marauders...
...million or so Americans who start orthodontic care each year can brace themselves to smile: the company that came up with Band-Aids has turned its attention to teeth. Johnson & Johnson's orthodontic division last week unveiled a new kind of bracket, the part of braces that affixes to the teeth. Called Starfire brackets, they are made of transparent, stain-proof sapphire. They may become an attractive alternative to clear brackets made of plastic, which tend to discolor. Traditional metallic braces, though still widely used, give some self-conscious patients the feeling that they resemble James Bond's cinematic nemesis...
...with Secret Service agents discreetly clearing his way. One insider claimed that Kennedy reinjured his weakened back during a bedroom tussle at a party in Bing Crosby's Palm Springs, Calif., house, which the President was using in September 1963, thus forcing him to return to a rigid back brace. That brace held him erect in his limousine two months later in Dallas after the first gunshot struck him. The second shot killed the still upright President...
...from Mark Twain to Alexander Solzhenitsyn, was the target of at least two takeover bids. Without so much as a rumor, Murdoch swept in with a bid of $65 a share, clobbering a $34 offer from Magazine Publisher Theodore Cross and the $50 price proposed by rival publisher Harcourt Brace Jovanovich. Harper & Row quickly accepted the $300 million deal last week...