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...future. In cases just this year, Texaco bought back 9.8% of its shares for $1.28 billion from the Bass family, Warner Communications paid Rupert Murdoch $180.6 million for his 7% interest in the firm, St. Regis purchased for $160 million the 8.6% of its firm held by Sir James Goldsmith, and Quaker State Oil Refining gave Steinberg $47 million for his 8.9% of the company...

Author: /time Magazine | Title: Greenmailing Mickey Mouse | 6/25/1984 | See Source »

...turns clever, dominating, quick-tempered and stubborn, British Industrialist Sir James Goldsmith, 51, rarely fails to excite speculation over his next takeover target. Last week the balding, staccato-voiced conglomerateur offered Continental Group, a company that had 1983 revenues of $5 billion from products that range from tin cans to life insurance, $50 a share for its stock, or $2.1 billion in cash. Said he: "It is a very good company. We admire the management...

Author: /time Magazine | Title: Takeovers: Sir Jimmy's $2 Billion Move | 6/18/1984 | See Source »

...Goldsmith always wanted to be a millionaire. At 20 he made international headlines by eloping with a Bolivian heiress, and in 1965 he began a long string of corporate takeovers. Goldsmith's diverse holdings include the French newsweekly L 'Express; Grand Union, the U.S. supermarket chain; and Manhattan's Hard Rock...

Author: /time Magazine | Title: Takeovers: Sir Jimmy's $2 Billion Move | 6/18/1984 | See Source »

Some observers speculate that Sir Jimmy's bid for Continental is just an attempt to make a quick profit. According to them, Goldsmith may be out to scare Continental's management into buying back his shares if he should obtain a large block of stock...

Author: /time Magazine | Title: Takeovers: Sir Jimmy's $2 Billion Move | 6/18/1984 | See Source »

...died on the island of Mallorca, but came from Catalonia, the Spanish province whose language, humor and sights had fueled his imagination all his life. Most great art is rooted in provinciality, and Miró's was no exception. He was a city boy, a goldsmith's son, but he spent part of his youth on the farm that his parents owned at Montroig. Its white, cracked walls, dusty earth and heatstruck furrows-commemorated in lunar detail in The Farm, 1921-22-were the frame of an immense repertory of images that constituted the motifs...

Author: /time Magazine | Title: Art: The Last of the Forefathers | 1/9/1984 | See Source »

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