Word: elk
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Dates: during 1980-1989
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...money to all stockholders, including unwelcome suitors, in a maneuver known as recapitalization. The idea is to create a debt-burdened company less attractive to raiders. Last week both publishing giant Harcourt Brace Jovanovich (1986 revenues: $1.3 billion), of Orlando, and travel conglomerate Allegis (1986 revenues: $9.2 billion), of Elk Grove Township, Ill., made use of this shark repellent to fend off marauders...
...jetliners from Seattle's Boeing last week, the No. 2 U.S. carrier secured more than standard safety equipment. As part of the deal, Boeing agreed to purchase $700 million in promissory notes convertible to stock in the airline's parent, Allegis, based in Elk Grove Village, Ill. If Boeing acquires stock, it could become the company's largest shareholder and thus help Allegis thwart hostile takeover attempts. Boeing cannot exceed a 30% share without the consent of Allegis' board...
...pilots' ploy obviously intrigued Wall Street. The price of the Elk Grove, Ill.-based company's stock rose from 59 on Monday to close out the week at 72 3/8. One of the main beneficiaries was New York City Developer Donald Trump, who had amassed just under 5% of the firm's shares, which may make him UAL's largest individual stockholder. Trump, 40, helped set the takeover rumors racing when he joined the pilots in criticizing Ferris' management approach. He also scorned the company's name change, which is expected to cost UAL about $7.3 million. Allegis, Trump said...
...cattle. If their lands were combined into a cooperative and replanted with native grasses, says Scott, the area could support wild animals on a scale ; unseen since Lewis and Clark came through in 1805. Tourists would flock in to watch the deer and the antelope play, hunters to stalk elk and perhaps 75,000 bison. Scott presented his plan in Missoula last month to the nonprofit Institute of the Rockies and heard nary a discouraging word. The institute is raising funds for a study...
...order to establish some of the character that Higginson wanted preserved, he wrote to Teddy Roosevelt (class of 1880) asking for a contribution. Roosevelt responded with two elk antler chandeliers, that still hang today, and more than 30 animal heads. Roosevelt wrote, "I hope that this small token will inspire the lads to the life of adventure to which I have become so attached...