Word: go
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Dates: during 1980-1989
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...merger, which will result in Time Warner Inc., had a lot going for it. Who, after all, would have the money or the fortitude to stand in the way of a solid agreement between two of America's biggest companies? Yet Time and Warner have long been considered takeover targets, and speculation arose that a raider might go after one of them soon, before a merger could create a nearly invulnerable behemoth. Everyone from Rupert Murdoch to Warren Buffet, the shrewd Omaha-based investor, was mentioned as a possible buyer. But no suitor had come forward by week...
...allow time for the two enterprises to get thoroughly comfortable with each other, Munro and Ross are planning to go slow in integrating the various divisions. Only the cable and books operations will be immediately combined. All others will continue to operate as separate units, with Warner's old divisions reporting to Ross and Time's to Munro and Nicholas. Five years down the road, according to the merger agreement, the management will be unified, with Nicholas as the chief executive. "We're not going to crash these two companies together," said Nicholas. Both Time and Warner believe their greatest...
Some industry observers have questioned whether Ross's Hollywood ways can easily coexist with the more conservative management style at Time. "Can they work together, or will egos get in the way of the dreams of managers?" asked a Wall Street media expert. Munro and Nicholas decided to go ahead only after many lengthy discussions with Ross dating back to early 1987, and they feel they know their man. "Over the past two years," said Munro, "we have probably spent more time with Steve Ross than with our wives. We feel very comfortable with him." As in all corporate marriages...
Such worries seem far away to Angela Addison, a black senior at the selective Alabama School of Fine Arts in Birmingham, a high school where African Americans are in the minority. Addison could go on to almost any of the nation's top-ranked colleges, but she is convinced that Hampton will provide the right environment. "I want to go someplace different," she explains. "I want to go to a prestigious black college." So, it seems, do many others...
...August 1987 he introduced an electronic version that scientists around the world can tap into by computer. At the end of December it contained information on all the 4,550 genes identified to date. Says McKusick: "That's an impressive figure, but we still have a long way to go." Several other libraries of genetic information are already functioning, among them GenBank at the Los Alamos National Laboratory and the Howard Hughes Medical Institute's Human Gene Mapping Library in New Haven, Conn...