Word: buys
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Dates: during 1980-1989
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...company that operates the ubiquitous 7-Eleven chain of 7,700 convenience stores and owns 50% of Citgo Petroleum. Last week the family that holds a 10% interest in Southland made a deft maneuver. John, Jere and Jodie Thompson, whose father Joe founded the firm in 1927, offered to buy the rest of the company for $3.8 billion, or $77 a share, and take it private. Just seven weeks ago, Southland stock traded at $48. But investors may reap yet bigger rewards. Southland stock closed the week above $79 a share, a sign that speculators believe a raider may surface...
...snicker that Ollie North might have been doing a little hanky-panky with his secretary. Ollie North has been loyal to his wife since the day he married her." When he asked his "best friend" Betsy about the purchase, she told him, "You old buffoon, you went there to buy leotards for our two little girls...
...often give little thought to the ultimate cost. India is investing up to $4 billion to build a lightweight fighter that will become the backbone of its air force in the late 1990s. Japan is debating whether to spend up to $10 billion on its proposed FSX fighter or buy comparable U.S. versions for as little as half the price. France continues to push ahead with its $5.8 billion Rafale fighter even though German, British and Italian companies are collaborating on a similar plane...
Elsewhere in Europe, the nuclear catastrophe seemed to have faded from memory. French shoppers who once used Geiger counters to help them select produce during the height of the radiation scare now buy fruits and vegetables without concern. In West Germany, though, 20 institutes and eight community groups continue to monitor samples of suspected foods. Checks recently found excessive radiation in certain chocolates, dried mushrooms and beef...
Like a general getting his troops psyched for battle, Oliver Stone glared across the littered landscape of buy and sell orders, coffee cups, telephones and blinking green computer monitors. "Remember," the director of Platoon ordered the brigade of button-down young actors, "you're supposed to be making money." Loads of it, in fact. The Viet Nam soldier turned Oscar- winning filmmaker was on location in New York City to film Wall Street, a $15 million 20th Century-Fox production about the rise and fall of an ambitious young stockbroker, starring Charlie Sheen, his father Martin, Daryl Hannah and Michael...