Word: bustingly
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...might be about time to bust out the boots and pull out the parka, at least if you watch the Department of Public Works for your weather tip-offs...
...Huizenga says, he is content to watch. But even those on the sidelines could not help drawing comparisons with the decade of frantic buy-' em-and-bust-'em-up struggles (like the $25 billion 1988 fight for RJR Nabisco) that burdened corporations with excessive debt, ignited newspaper headlines and enriched everyone from corporate raiders to takeover lawyers. "The only criteria were who won or lost and how the companies were split up," says Felix Rohatyn, a senior partner at investment banker Lazard Freres, Paramount's adviser. In that rapacious era, "we wouldn't look at a deal under $1 billion...
Redstone, a rags-to-riches tycoon who is worth about $4 billion, has always sought to crush all comers -- from rivals who might try to bust up his latest deal to weekend tennis partners. On the court he uses a special leather strap that wraps around his scarred right hand to enable him to grip the racquet. "He is the most formidable competitor I've ever had," says Alan Friedberg, a retired chairman of Loews Theater Management Corp. In one tennis rally, Redstone demanded to know whether his ball was in or out. "He had to know, even though...
...region owes much of its boom to the energy bust of the mid-'80s, which forced companies to downsize and the states -- notoriously overreliant on natural resources ever since the silver rushes of the 1870s and 1880s -- to diversify. Idaho also continued to help small companies grow larger while encouraging the new high-tech industries around Boise. Wyoming revived its moribund coal fields with the world's most highly automated mining processes. Colorado financed an ambitious drive to make Denver an international hub with a new $3 billion airport. Utah restructured its copper and steel mills and absorbed their laid...
...B.C.C.I. Bust...