Word: furiousness
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...bizarre business takeovers in this year of furious financial raiding, one has raised howls of hearty laughter among Wall Street insiders and others. It is the takeover by Kennecott Copper Corp. (1976 sales: $956 million), the nation's largest copper company, of the Carborundum Co., a Niagara Falls-based diversified firm (sales: $614 million). Reason for the mirth: Kennecott paid the astonishing price of more than $560 million, or $66 a share-twice Carborundum's book value. Many of Kennecott's nearly 72,000 stockholders were sclerotic over the deal. Some had hoped that the company would...
...Carborundum was made by Eaton Corp., the Cleveland-based auto-parts maker, nearly three weeks ago; Eaton offered $47 a share for Carborundum, a pretty premium of $14 for a stock that never sold higher than 40% during the past ten years. When Carborundum rejected that offer, a furious auction began that finally concluded early last week in the Manhattan offices of Morgan Stanley & Co., which represented Carborundum. After some unnamed other bidders called in by phone, Kennecott offered $66, or some 14 times this year's projected earnings...
Quarterback Larry Brown was promptly sacked back at his own five. A long Jim Curry punt got Harvard out of the hole, and then the mistakes started to come fast and furious. Yale fumbled the ball over to the visitors, who quickly fumbled it back...
...incidents are quite common on both sides. Just how common became clear last month, when the U.S. sharply protested a crude attempt by the KGB to blackmail a Polish-born American diplomat, Constantine Warvariv, 53, using prefabricated evidence of wartime collaboration with the Nazis. Some State Department officials, still furious about the Lusis case, suspect the attempted blackmail of Warvariv was a Soviet retaliation for the schoolboy affair. More likely, the two incidents were unrelated, except as twin pieces of evidence that spooks will be spooks, it seems, regardless of the initials under which they operate...
...assassinations, terrorists are dangerous, desperate people. Repellent as their use of often indiscriminate behavior is, they are, undeniably, heroes to some. That may be understandable?though scarcely excusable?in the case of revolutionaries who claim to represent the aspirations of persecuted or neglected minorities. But many West Germans are furious that leftist papers in Europe have glamorized Baader and other gangsters of the Red Army Faction as selfless radicals acting on behalf of an ideological cause...