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Word: buy (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
Sort By: most recent first (reverse)


Usage:

...Schutzes contended that the Hallmark products were rip-offs of cards and posters they had been producing since the early 1970s. In May a U.S. appeals court agreed. The Supreme Court refused to hear the case, and now Hallmark has agreed to stop publishing the Personal Touch cards, buy back existing cards in the line from some 21,000 Hallmark outlets in the U.S. and pay the Schutzes an undisclosed sum. Said Susan: "We got everything we wanted...

Author: /time Magazine | Title: Business Notes: LITIGATION: It's All In the Cards | 11/7/1988 | See Source »

...unprecedented confession that a deficit exists signaled that the Soviet Union may have to rely even more heavily on foreign trade and investment to feed and clothe its population. To help attract funds from abroad, Gostev offered to let foreign businessmen buy controlling interests in joint ventures with the Soviets. The concession was shocking in terms of Communist ideology, but fresh evidence of Gorbachev's willingness to cross Marxist boundaries in pursuit of economic improvement...

Author: /time Magazine | Title: East-West A Toast - or Roast - for Reform? | 11/7/1988 | See Source »

...company with borrowed money, then throw out the management, dismember the firm and sell off the pieces. But in other deals, including the proposed buyout of RJR Nabisco, the managers initiate the action. In one of the least controversial types of management buyouts, the executives of a particular division buy it from a larger parent company. These managers are out to prove they can run their own show -- and run it better than some sprawling conglomerate that has grown inattentive or slothlike in responding to the needs of its far-flung divisions. Some 1,100 units of U.S. companies have...

Author: /time Magazine | Title: When Managers Are Owners | 11/7/1988 | See Source »

...Burroughs and Sperry computer companies that produced Unisys, corporate headquarters decreed in a confidential memo that "ancillary" units would be put on the auction block. Reinhold Tischler, then president of the Nu-kote division, called his boss and said, "Ancillary division reporting in. We'd like to buy it." On Jan. 16, 1987 -- Tischler calls it Independence Day -- he and 20 other managers bought Nu-kote for $60 million. After they eliminated several aging product lines, overall sales grew 17% last year, to $150 million...

Author: /time Magazine | Title: When Managers Are Owners | 11/7/1988 | See Source »

Then came the challenge of getting the plant built and operating within all the constraints imposed by licensing authorities. Buckley and his partners in the Williams River Electric Corp., founded for this project, decided to buy the turbine and generator set and control equipment from China, where they got the best price...

Author: /time Magazine | Title: Williams River Electric: Hydroelectric Power Tailored For a Country Stream | 11/7/1988 | See Source »

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