Word: cos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...would pay $305 million for 51% of Uni-royal, a tire and chemical manufacturer, which immediately spurned the deal. The moves were only the latest in an increasingly frenzied round of takeover brawls and mergers. Last month Capital Cities Communications agreed to pay $3.5 billion for the American Broadcasting Cos. in what was then the largest U.S. merger outside the oil industry. That record was topped two weeks later when Hospital Corp. of America and American Hospital Supply agreed to a $6.6 billion marriage. Meanwhile, companies ranging from National Distillers to CBS have become rumored takeover targets. Says Felix Rohatyn...
...Monday Night Football, the 1988 Winter Olympics and Ted Koppel. It was as simple as, well, ABC. In the first purchase ever of a major television network, small and scrappy Capital Cities Communications (1984 revenues: less than $1 billion) of New York City agreed to buy the American Broadcasting Cos., which is almost four times its size. The price, $3.5 billion for ABC's 29.1 million common shares, made the acquisition the largest outside the oil industry in American corporate history. The razzle-dazzle play that captured the third-rated network (after NBC and CBS) stunned television executives like...
...YORK -- Capital Cities Communications Inc announced an agreement yesterday to acquire the much larger American Broadcasting Cos Inc (ABC) for more than $3.5 billion in a deal that includes the participation of Warren Buffett, one of the nation's richest...
...firm of Vedder, Price, Kaufman & Kammholz; Robert Malott, chairman, FMC Corp.; Marvin Mitchell, former chairman, CBI Industries; Paul Rizzo, vice chairman, IBM; Thomas Roberts Jr., chairman, DeKalb AgResearch; Elaine Yarrington, former executive vice president, Standard Oil of Indiana. The resigning directors: Weston Christopherson, former chairman, Jewel Cos.; Vernon Loucks Jr., president, Baxter Travenol Laboratories...
...Lehman/American Express and a self-described "serious Catholic," was sympathetic. Said he: "Our society has an obligation to the underprivileged, and the degree to which we haven't made progress in raising their living standards is enormously troubling." Observed Joseph Pichler, a Catholic who is president of Dillon Cos., a major grocery and retail store operator: "There's much to agree on in the document, particularly when they speak of the dignity of man and the dignity of work. But their policy recommendations, I predict, are going to be widely ignored. They're bad economics...