Word: corp
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...Bronfman stubbornly stuck to his show-biz guns. He shelled out $10.4 billion for Polygram music in 1998, making his family's 76-year-old liquor business look like a sidelight. Bronfman has since been shopping his empire to the usual mogul suspects: Viacom CEO Sumner Redstone and News Corp. founder Rupert Murdoch, among others...
...odds with 45-Down over campaign fund raising 20. Name on a 1973 decision 22. Beatnik home 23. Gore is proposing a $30 billion __ care program 25. Folk singer DiFranco 26. Mardi Gras figure 28. Churchillian gesture 29. Bloomers worn around the neck 30. Auto corp. that will extend health care to gay partners 31. Bill's partner 32. He spent more than $30 million on his New Jersey Senate nomination 34. High dudgeon 37. Reuben need 39. Hardly a blabbermouth 41. 1998 animated film 43. Phrase in disco names 44. Iron: prefix 45. He's at odds with...
Celebrities and sports stars, from Martha Stewart to Joe Montana, are jumping on the VC bandwagon. In the past several months, corporate heavyweights IBM, News Corp., Time Warner (parent of TIME) and Arthur Andersen, to name a few, have launched their own funds. Even the CIA has set up a venture arm, In-Q-Tel. And later this year, Silicon Valley start-up MeVC, along with VC Draper Fisher Jurvetson, will roll out a publicly traded venture fund that lets individuals with a net worth of at least $150,000 plunk down a minimum of $5,000 to play...
...Inslee (D-Washington) doesn't just represent - and vociferously defend - Microsoft Corp. against its legions of critics (even attending the antitrust trial's closing arguments to show his support), he's also a part owner. Inslee owns 632 shares of Microsoft and his wife owns 332; even in the stock's current funk that's worth about $70,000. Says Inslee: "It is a happy coincidence between what my constituents believe and my interests...
...entire Sun Belt populated by a new cadre of semi-retirees, fit and healthy, working part time from their homes while enjoying the fruits of well-invested savings and well-funded pension plans. That's what the management is counting on at the headquarters of the Del Webb Corp. in Phoenix, Ariz., developers of the Sun City chain of retirement communities. Del Webb executives are quivering in anticipation of a flood of boomers pouring into the retirement-home market. LeRoy Hanneman, 54, Del Webb's CEO, stands on a hill from which he can see his company's future...