Word: buying
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...height of the collecting boom, dealers advised clients to sell their Rembrandts and buy posters. Paris was so plastered with posters that the National Assembly felt forced to pass the famed "Défense d'afficher loi du 29 juillet 1881." But after World War I, posters fell off sadly in artistic repute and popularity. Nowadays the posters on the walls of Paris are scarcely more remarkable than the signs prohibiting them...
...important, he is learning to curb his generosity. Until he smashed the record last month, Hansen's main claim to fame was that he lent John Fennel the pole he used to set the old record of 17 ft. ¾in. From now on, Fennel will have to buy his own. Says Hansen: "You know, he never did give that darned pole back...
...expect 1964 to be a difficult year," admitted Pure Oil Co. President Robert L. Milligan recently. He was more prescient than he suspected. Last week Pure Oil's board faced the difficult question of what to do about an attempt by a group of celebrated outsiders to buy the 50-year-old company for a walloping $700 million. Milligan and his managers are understandably apprehensive. The mechanics of the transaction are intricate, and how many of Pure Oil's present managers would stay on is uncertain...
Clever Plan. Now Milligan and his board are being asked to recommend that Pure's shareholders sell out. What the Loeb-Consolidation-Allied group hopes to bring off is a deal that is complex but fairly common in high finance. First, the group would buy Pure's assets for $700 million, using those same assets as collateral for loans to finance the transaction. Pure then would take the $700 million, use $90 million to pay off its funded debt, and distribute the rest to holders of its 10 million shares on a $60-per-share basis. Result...
...Planners. Especially in the newly developing nations that favor highly planned economies, the economists greatly influence the income that the ordinary man earns, the products he can buy, the jobs he can hold. Economists were the first to devise the plans for the Common Market in Europe and the Aswan Dam in Egypt. When Kuwait's government was pondering what to do with its sudden oil riches, it summoned Fakhri Shebab, an Iraq-born Oxford don; he conceived an $860 million regional-development fund that has extended loans to five Arab nations. Nicholas Kaldor, a Hungarian-born Briton...