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...share, but that bid was spurned by the L.S.E. Analysts think the eventual price will be at least $11.20, which would drive the total price up to $2.78 billion. But Euronext, which was founded in September 2000, is not about to give up without a fight. Euronext CEO Jean-François Théodore also met with Furse last week, and is said to have sweetened his deal by offering all cash. Some French analysts believe that despite its smaller size, Euronext might have a number of advantages over Deutsche Börse. Euronext already has 25% control...

Author: /time Magazine | Title: Battle For The Bourse | 1/9/2005 | See Source »

...days when quarterbacks like Fran Tarkenton drew plays in the dirt are long gone. There's now far too much money at stake to leave anything to chance, particularly when a team like Green Bay has $100 million invested in its quarterback, Brett Farve. The modern NFL player is fast, ferocious and laptop equipped, and he reports to a coaching staff so well organized that it puts most corporate setups to shame. That's because if the decision making isn't right on Sunday, you lose. And so do your customers...

Author: /time Magazine | Title: Sport: The American Money Machine | 12/17/2004 | See Source »

...Colombani and Minc brought in outside investors, in the process reducing the staff journalists' longstanding financial control of the paper from a majority to a blocking minority. Plenel led the editorial makeover, hunting for scoops and flexing the paper's political muscle. Le Monde broke the story of President François Mitterrand's long concealment of his prostate cancer, and it was all over Prime Minister Lionel Jospin's Trotskyite past...

Author: /time Magazine | Title: Trouble at Le Monde | 12/5/2004 | See Source »

...Christian fellowship in the law profession, permit only gays who have repented their sins to join. Because of this rule, college officials denied registration to several of the association's 80 chapters, stripping them of funding. "We have a strict policy against discrimination that won't be compromised," says Fran Marsh, spokeswoman for the University of California's Hastings School of Law in San Francisco, where students belonging to the society filed a suit last month claiming that their constitutional rights to freedom of assembly and religion were being violated. The group has launched six legal challenges, including one last...

Author: /time Magazine | Title: A Law Club For (Straight) Members Only | 11/29/2004 | See Source »

...current polarizing battle within the PS over a referendum, scheduled for Dec. 1, to accept or reject the E.U. constitution is so puzzling. Last week, the standing-room-only crowd that packed the Centre Rabelais theater in the southern French city of Montpellier went wild as Socialist Party leader François Hollande and former Finance Minister Dominique Strauss-Kahn extolled the merits of the treaty. Mention of party brethren who back the no vote drew disapproving groans. "This is a show of force," explained Montpellier shop owner and Socialist Party member Jean-Claude Arnel. "We're here to demonstrate...

Author: /time Magazine | Title: A Party Divided | 11/28/2004 | See Source »

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