Word: distributor
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Corporate executives, however, have been anything but cautious. Beginning with a spate of billion-dollar oil-company buyouts in 1981, the merger wave has rolled over virtually every industry. This year alone, acquisitions have produced the largest U.S. gas distributor (Internorth-Houston Natural Gas), a medical giant (Baxter Travenol-American Hospital Supply), a vast food-processing concern (Nestlé-Carnation) and one of the mightiest high-technology combinations (Allied-Signal). Last week even brought a proposed sports marriage between the New Jersey Generals and the Houston Gamblers of the U.S. Football League. The number of megadeals this year could wind...
...assistant principal at Midland came in and shook himself off. "I got a three-quarter-ton pickup truck, and I flooded out," he said. "It's just the condensation in that distributor. I ought to go out there and dry it out, but I'd drown doing...
...extramarital affairs or the treatment of elderly relatives sometimes provoke heated, or chilly, reactions between married partners. Friends often surprise one another with unexpected opinions, and business relationships can be affected. "After I played it with my attorney," says Carl Eisenberg, vice president of Maruca Industries, Scruples' U.S. distributor, "I told him, 'I don't think I want to do business with you anymore.' " Makow, however, knows that too much seriousness spoils the spice...
...health-care industry is bubbling with billion-dollar mergers. American Hospital Supply, the nation's largest distributor of hospital supplies, agreed last week to merge with Baxter Travenol Laboratories, the third-biggest hospital-supply company, in a deal valued at $3.8 billion. Monsanto has also agreed to acquire G.D. Searle for $2.7 billion, giving the chemical giant a long-desired place in the Pharmaceuticals market...
...George persevered, and ultimately he scraped together funding from foreign investors. Actor Don Cheadle of Oceans Eleven fame agreed to play Rusesabagina, and MGM signed on as the distributor. “It was always nerve-racking that the money would fall through,” the director says. But the scent of success should put George’s nerves at ease. Hotel Rwanda garnered a Golden Globe nomination for best drama Monday, and Cheadle grabbed a best actor nomination as well...