Word: doubleday
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...intellectually stimulating conference call in the morning with Nelson Doubleday, August Busch and Chub Feeney, but after lunch I felt like I was slowly twisting in the seventh circle of hell," said the Renaissance man and medieval scholar. "Things really get slow around here in November. You know, there are no games being played this time of year. I think I'm going to go sign a few baseballs...
...comes Cosby the publishing phenom. Three years ago Paul Bresnick, a senior editor at Doubleday and newly expectant father, came up with the idea for a book about being a dad. After his first two choices to write it were "thankfully not available," Bresnick approached Cosby, whose NBC series was just starting to take off. The result was Fatherhood, a collection of humorous anecdotes and observations, which spent more than a year on the best- seller list and sold 2.6 million hard-cover copies, edging past Iacocca to set a modern-day record. Naturally, that called for a sequel. Time...
...highest price ever paid for a Manhattan skyscraper. The British, who burned Washington in 1814, have now built or bought an estimated $1 billion in District of Columbia property, including part ownership of the famed Watergate complex. Esteemed U.S. corporate nameplates are also changing citizenship at a rapid clip. Doubleday books has gone to the West Germans, Brooks Brothers clothiers to the Canadians, Smith + & Wesson handguns to the British, Chesebrough-Pond's consumer products to a Dutch-British combine. General Electric television sets have been bought by the French, Carnation foods by the Swiss, General tires by the West Germans...
...past three years while deciding how his company should spend its $1 billion American shopping budget. Often taking the morning Concorde from Paris in order to put in a full day's work in the states, Dornemann visited more than 20 U.S. companies before choosing his recommended targets: Doubleday publishing and RCA records. The possibility of snagging both was considered so unlikely that he and his boss, Bertelsmann Head Mark Wossner, 48, had called it their "extreme case...
Nonetheless, they turned all their persuasive powers on Publisher Nelson Doubleday and GE Chairman John Welch, offering them hefty prices and even giving the GE boss a lecture on corporate strategy. (Says Wossner: "We told him that music was too far away from electric motors and rockets.") Then Wossner tried another tack. In separate meetings one day last September, he recalls, he gave each American executive the impression that the West Germans could afford to buy only one of the two companies. "Either you sell to us, or we'll go to the others," warned Wossner...