Word: grayness
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Dates: during 1980-1989
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...turn the fight into a virtual Who's Who of finance and industry. Assembled by the First Boston investment firm, the group of newcomers included Jay Pritzker, the Chicago-based chairman of Hyatt Corp., his wealthy family and Philip Anschutz, a Denver oil billionaire. First Boston also wooed Harry Gray, the retired chairman of United Technologies, and several other high- rolling investors. The group came into the bidding with a show-stopping but tentative offer of cash and securities worth up to $26.8 billion, or $118 a share, for RJR stock that traded for $56 a share in mid-October...
...five nights in Rome for $99. On average, hotel and air-travel prices can be as much as 30% lower off-season. The trade-off, of course, comes in weather that ranges from unpredictable to appalling. While some resort towns remain mild well into the fall, northern cities turn gray and damp, and a visit requires a victory of mind over weather. The great galleries and cathedrals are often hushed and wonderfully solitary, but walking between them can be discouraging on a drizzly afternoon. The secret, explains the experienced traveler, is to visit places that all but the rottenest weather...
Such appointments illustrate a truism pithily expressed by the counsel to Bush's transition team, C. Boyden Gray: "Personnel is policy." One outfit that has learned that lesson well is the Heritage Foundation, which last week deposited a ten-foot stack of resumes of some 2,500 would-be Bush appointees at the offices of the transition team. Sighed an already overloaded transition personnel director Chase Untermeyer: "What a wonderful gift...
...First Boston investment firm in an informal last-minute bid for RJR Nabisco valued at as much as $27 billion. Allied with the Pritzkers is Philip Anschutz of Denver, a billionaire oil and mining magnate. They have since combined forces with an acknowledged master of the hostile game, HARRY GRAY, 69, the taciturn former chairman of United Technologies, who heads his own investment firm. The First Boston group is offering a highly complex package of cash, securities and stock warrants, which is still only a hazy proposal rather than a firm bid. The sheer size of First Boston...
George Bush's White House will be a little gray when he gets there. The thick paint has been dissolved and washed away, and bare sandstone walls are visible for the first time since 1817. But that will be a minor inconvenience for the new occupant of the grandest working home in the U.S. "It has never been in better shape," says Chief Usher Gary Walters, whose staff of 93 chases the dust tracked in by a million and a half tourists a year. The thought is echoed by curator Rex Scouten, who presides over the 38,000 pieces...