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...Last week the local swain won. I.R.I., the Italian state conglomerate that owns Milan-based Alfa, announced acceptance of Fiat's $5 billion offer for 100% ownership. Also-ran Ford's bid was never made public, but it was believed to include an initial $100 million for a 20% chunk of Alfa plus promises of a hefty $2 billion additional investment in the company...

Author: /time Magazine | Title: Takeovers: Local Boy Wins Bride | 11/17/1986 | See Source »

...world's largest owners of office space, the Reichmanns control about 30 million sq. ft. of U.S. real estate, worth an estimated $10 billion. The glittering centerpiece: their new $1.5 billion Battery Park City project, part of a vast new chunk of Wall Street waterfront created on 92 acres of landfill in Manhattan. Among the companies ensconced in Olympia & York's elegant copper-and-granite towers there: Merrill Lynch, American Express and Dow Jones...

Author: /time Magazine | Title: The Canadians Come Calling | 11/17/1986 | See Source »

...latest examples of the utile are handsomely represented. The dark, roughtextured pottery of Karen Karnes is a reminder of why crafts appealed so deeply and directly in the antitech 1960s. An outsize salad bowl, meticulously turned from a single chunk of California black walnut by Bob Stocksdale, is notable for its revelation of the wood's grain. A fiddleback, hard-rock-maple- and-ebony rocking chair, a fortunate meeting of Copenhagen and Big Sur by California Master Craftsman Sam Maloof, invites the viewer to experience the best of contemporary artifacts while sitting down in comfort. Maloof, 70, bristles...

Author: /time Magazine | Title: Design: Handsome and Homemade | 11/3/1986 | See Source »

...went to Moscow. I was searched on the train, which was shunted onto a siding far beyond the Moscow station. They took away a chunk of his manuscript -- burned again...

Author: /time Magazine | Title: Manuscripts Don't Burn | 10/13/1986 | See Source »

...trouble than smaller and chillier college- football towns, Miami has assembled the best and most troublesome team in the country. "It's the University of Miami football players against the world," declares All-America Tackle Jerome Brown, who has been evicted from the dormitory for having a firearm. A chunk of the team is in the process of making restitution for phone calls charged with an illegal access number. Individual scandals have ranged from car-leasing improprieties to steroid possession to shoplifting. In other news, they beat Oklahoma last week...

Author: /time Magazine | Title: Sport: Miami Against the World | 10/6/1986 | See Source »

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