Word: concerns
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Dates: during 1980-1989
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Other merger bids were seemingly not affected. Undeterred by its frustrated advances toward Lear Siegler, Wickes announced it would proceed with a $1.16 billion bid for New York-based Collins & Aikman, a textile concern. In California, First Interstate Bancorp is continuing its more-than- $3 billion bid to win giant BankAmerica...
...Drexel Burnham. In one sense that was unsurprising, since the company completely dominates the market for the high-interest junk bonds that have been issued to finance so many corporate mergers and buyouts. For other Wall Street firms even remotely connected with suspect deals, a major source of concern was the sheer sweep of Boesky's operations over the years. Said a member of the Goldman, Sachs investment house: "Most major brokerage firms executed trading orders for Boesky." Agreed another Wall Street analyst: "We are all scared that it will work its way back here...
...proved to be the hottest and most controversial financial instruments of the era. These low-grade, high-interest bonds have enabled corporate raiders to raise billions of dollars for ventures that have reshaped American business. Yet most investors have had persistent reservations about the safety of the securities. One concern is that too much of the underwriting and trading in junk bonds has been handled by just one firm, Drexel Burnham Lambert (last name pronounced Lamb-bear), which controls 50% of the market. If that go-go firm were to get into trouble, many certificates could become more difficult...
...Emerald Forest and Roland Joffe with The Mission -- are drawn to shoot stories of strong men in death-defying jungle locations. They end up tracking their willful protagonists to death or madness, and the audience rarely follows. With all his art and effort, Weir is unable to enlist cogent concern for Allie Fox. One escapes from The Mosquito Coast as one might from a plague of the title insects, itching and irritable...
Once more blood flowed in a Paris street. Once again posters picturing suspected killers appeared in the City of Light. This time the victim was Georges Besse, 58, president of France's largest auto-manufacturing concern, state-owned Renault. Coming just two months after a wave of bombings in crowded commercial centers across Paris killed eleven and injured more than 160, the shooting of Besse outside his home last week shocked and saddened the nation. On Friday 2,000 mourners, headed by President Francois Mitterrand and Premier Jacques Chirac, attended a funeral service for the slain executive at the Hotel...