Word: expectation
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Dates: during 1980-1989
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...long-range policy for their companies. Stanford University law professor Ronald Gilson disagrees with the ruling because he feels shareholders should have more rights in takeover battles, but he doubts the decision will be overturned: "If the Paramount arguments were not persuasive to Allen, one would not expect them to be persuasive to the Supreme Court...
...Street had anticipated the Delaware ruling, sending Time's share price tumbling for several weeks on growing speculation that the company would stave off the Paramount bid. Time stock finished trading Friday at 145 1/4, down 6 1/4 points for the week but at the general level where analysts expect it to settle, at least briefly, if the Time-Warner deal goes through. Warner stock closed at 64 1/2, up 2 3/4, on the increased likelihood that Time would be able to carry out its tender offer. Paramount, which has been rumored to be a possible takeover target itself, closed...
...other raiders may try to top his offer. Or B.A.T may attempt to boost its stock price beyond his reach by launching a restructuring in which some of the company's juicy parts would be sold off. At week's end B.A.T shares closed at 14.21, indicating that investors expect an even sweeter offer to come...
That first movie raised the craft of torture to a low art. Expect no less in LW2, directed by Richard Donner and written by Jeffrey Boam. This installment features a surfboard decapitation, death by carpenter's nail gun, a bomb wired to a very sensitive seat (plot device lifted from Elmore Leonard's novel Freaky Deaky), and reduction of the Afrikaaner diaspora by about one-half. As Riggs tells Murtaugh, "We're back! We're bad! You're black! I'm mad!" Mad to the max. Riggs may not know how to spell apartheid, but he knows whom he hates...
...story firehouse in the Fort Greene section of Brooklyn, Lee is relaxed working with a coterie of close friends, many of whom go back to his days in college and film school. Those who know him say he is usually quiet, sometimes temperamental. "Spike is warm, but if you expect him to say, 'You look so wonderful,' you can forget it," says Ross, who is co-producer of Do the Right Thing. "At the same time, he will throw two Knicks tickets on your desk and say, 'I can't make the game tonight...