Word: grand
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Dates: during 1980-1989
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...Pillsbury still looks appetizing to one investor. Last week Britain's Grand Metropolitan, a brewing and restaurant giant (1987 revenues: $10 billion), made a surprise $5.2 billion takeover bid for the Doughboy's company. Pillsbury is resisting the offer, but at $60 a share, it may be too good for stockholders to refuse. The bid sent Pillsbury stock, which had traded at less than $40, soaring...
Even the restaurant's "gala grand opening celebration" Wednesday night hinted at this hypocrisy. The opening was a benefit to help the Genesis Fund, a program that helps treat children with birth defects, mental retardation or genetic diseases. Turning a restaurant opening into a benefit is quite a clever thing to do. It's a fantastic PR stunt. It's sure to be praised in every review as a generous act, giving the place a good name. And it also draws attention away from the food. People who read about the First Street Cafe will be eager...
...State Attorney General Robert Abrams last week brought an end to the case of Tawana Brawley, the 15-year old Black girl who claimed she was kidnapped and raped by six white men in Wappingers Falls, N.Y., and the results probably did not surprise anyone. Abrams announced that the grand jury for the case decided that there was not enough evidence to prosecute anyone...
...grand jury decided to not bring the case to trial, partly because Brawley--listening to her "advisors"--completely refused to cooperate in the investigation, and partly because of evidence that the story was a giant hoax...
Another woman who had been a close associate of Barry's went to jail for dealing cocaine and later admitted before a grand jury that the mayor paid her $25,000 to deny that he had been a buyer. Barry himself has been the target of two federal investigations centering on influence-peddling and the misuse of city contracts, has illegally used city funds for his family's personal expenses, and had to be thrown out of the house of a young model he had been harrassing...