Word: bulled
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Dates: during 1970-1979
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...capable of competing with the American giants, particularly IBM. For nearly nine years the French government followed his Plan Calcul. Last week France abandoned its pursuit of that chimera and approved the merger of the Compagnie Internationale pour I'lnformatique, a 24% government-controlled computer company, with Honeywell Bull, the Paris-based subsidiary of the U.S. computer maker Honeywell...
...deal marks the second time in two decades that a French computer firm has been taken over by an American one. In 1963 General Electricaise." made a bid to acquire 20% of the ailing Compagnie des Machines Bull, whose shares were once so alluring that it was sometimes called the "Brigitte Bardot of French industry." De Gaulle rejected the offer and instructed then Finance Minister Valery Giscard d'Estaing to find a "solution française." But the assignment proved impossible, and GE finally gained the equivalent of a 50% stake for $43 million...
Infuriated, De Gaulle ordered the creation of a competitor, and three small computer firms were eventually welded into the Compagnie Internationale pour I'lnformatique, known as CII. It never really gave Americans much competition. GE increased its holding in Machines Bull to 66% and then sold its interest to Honeywell in 1970. Under the leadership of a former IBM engineer, Jean-Pierre Brulé. Honeywell Bull earned a $25.3 million profit in 1974 on sales of $534 million and enjoyed a solid 18%-to-20% share of the French market. By contrast, even with massive infusions of government capital...
...papers, let alone the front page. But there, smack on page one of the Indianapolis News-for five consecutive days-was a series on basketball. The subject: Indiana Pacer Forward George McGinnis, known to the 17,000 fans who have been packing Pacer games recently as "Big Mac," "Baby Bull," or just plain "McGinnis the Magnificent...
Singled Out. Rosenbaum, the key figure in the complex saga, founded I.C.B. in 1959. A short, bull-necked dynamo of a man, he is, says one Swiss banker, "the kind of guy who seemed to know everybody." His bank had the reputation of taking money from anyplace, paying richer-than-average returns and investing in risky high-yielding ventures. I.C.B. was singled out by LIFE in 1967 as one of the Swiss banks that accepted funds that the Mafia had skimmed from casinos in the U.S. and the Bahamas, then recycled into...