Word: deale
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Dates: during 1980-1989
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...part, Paramount dropped its $200-a-share hostile bid for Time after the supreme court ruling. The decision upheld Allen's finding that Time's management acted properly when it responded to Paramount's raid by converting the Time-Warner deal from a stock swap, which required shareholder approval, to a leveraged purchase, which needed no such vote. Paramount Chairman Martin Davis said he would "continue aggressively to build our core business in publishing and entertainment." Last week Paramount agreed to sell its financial-services subsidiary, Associates First Capital, to Ford Motor for $3.35 billion, which would give the communications...
...element of surprise is incredible," says Grady. "Criminals still aren't used to us whipping around the corner and taking drugs right out of their hands. They look around, don't see a patrolman, car or horse, and make the deal. We whip around and catch them...
...There was a real hope on the part of the Salinas administration that the new White House team would very quickly have debt, drug and trade policies in place and that all the decisions regarding Mexico would be made rationally and coherently, that Mexico would have somebody to deal with in the U.S. who is both in charge and thoroughly knowledgeable on the subject. There is a tendency in Mexico to project its own centralized, omnipotent presidency onto the U.S. side, where things do not work that...
...interesting if it is presented well. He has written arrestingly about subjects as mundane as oranges and as momentous as high-energy physics and the geologic forces that shape our planet. The three pieces that constitute his 20th book, Atchafalaya, Cooling the Lava and Los Angeles Against the Mountains, deal with the power of determined people to tame water, fire and earth...
...another deal that was driven by global ambitions, shareholders of SmithKline Beckman, developer of the anti-ulcer drug Tagamet, last week approved a merger with London's Beecham Group, which has built strong European markets. One week earlier Dow Chemical agreed to merge its Merrell Dow Pharmaceuticals subsidiary with Marion Laboratories, whose chief prescription drug is Cardizem, an angina treatment. In the afterglow of the Time-Warner marriage and other such deals, companies in many industries may gain greater confidence to embark on friendly combinations...