Word: developers
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Dates: during 1980-1989
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...American's parent company, AMR, bolstered its so-called poison-pill defenses by allowing management greater flexibility to issue new stock in order to make a takeover more expensive. The Fort Worth company also signed up the high-powered Wall Street firms Goldman Sachs and Salomon Brothers to develop a full-defense strategy. AMR even asked the New York Stock Exchange to investigate recent large trades in its stock, which caused volatile swings in its share price...
Braden's activities soon caught the eye of the Great Southwest Corp., which planned to develop Coto de Caza as an upscale resort community and needed a resident tennis pro to lure buyers. Offered the job, Braden accepted on the condition that the company build him a tennis college of his own design and, when that got into the black, a high-tech sports-research center. Six years after the Vic Braden Tennis College opened, in 1974, Arvida Corp., which had taken over Coto de Caza, dedicated a $1.3 million research center on the site...
...meeting the standards on to the other. "The carmakers want to say 'reformulate the gasoline,' " says William Randol, an oil-industry analyst for First Boston. "But who will make the investment to do this?" He noted that Shell Oil has estimated that it would cost billions of dollars to develop new clean-burning gasolines...
...most oil companies have seemed more eager to denounce the alternative fuels than to develop new products. Mobil has run ads attacking methanol as polluting, expensive and more dangerous than gasoline if accidentally swallowed. Although the fuel produces far fewer smog ingredients than gasoline, it releases more formaldehyde, a suspected cause of cancer. Cars would get less mileage from methanol because it burns faster than gasoline. Yet Indianapolis 500 racers have used methanol for years because it boosts horsepower and is less flammable in accidents; U.S. automakers have developed experimental cars that run on both methanol and gasoline...
...fall regattas--particularly the Atlantic Coastal Championships which finish the fall season at the end of November--are important for the national standings. Racing resumes in March and by that time, the team may have had the opportunity to develop more experience for some of the second season's more important regattas...