Word: entrenched
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...Traditionally a proxy is favored by management as an easy way to entrench itself," Louis Loss, William Nelson Cromwell Professor of Law and Coop General Counsel, said last night
...exception was Akron's Goodyear Tire & Rubber Co., which settled its strike in two weeks-and next month will announce record 1967 sales of about $2.6 billion (up from $2.5 billion in 1966) and profits of $128 million (up by nearly $10 million). This enabled Goodyear to further entrench itself in its 51-year-old position as the world's leading producer in its field...
Come fall, the teeny-boppers will go back to high school, the San Franciscans will return to Haight-Ashbury, the Diggers will entrench themselves in utopian flats, and the hippie boulevardiers who remain will adjourn to the Bick...
...brokerage firms and investment bankers favor regulation, many disagree with one part of the bill, which would force tender makers to divulge their plans to the SEC five days in advance of the actual offer. That, they argue, would tend to discourage all tender offers-and so help to entrench existing managements, good...
...heap with Buckley-esque logic and equally obtuse prose. His argument that Johnson's plan represents a thinly veiled desire to extend the control of the President over Congress may be valid. But paranoid statements like "the Executive searches with lupine voracity for problem areas that it may entrench itself in yet another sphere of life" are absurd...