Word: hertz
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Dates: during 1980-1989
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...Maxwell called it quits, long-suffering Allegis -- owner of United Air Lines, Hertz, and the Westin Hotels and Hilton International chains -- announced a ploy much like Harcourt's. The Allegis directors authorized a cash payment of $60 a share, worth some $3.5 billion. The move came two days after the New York City-based investment firm of Coniston Partners declared that it owned 13% of Allegis' shares and wanted to gain control of the 16- member board...
Fascinated with physics since the fourth grade, the Hertz Scholar had never really separated from his books until drill sergeants began thrusting weapons...
...fist. Cursing the lack of street signs, he asked a cabbie for directions. The cabbie told him he could not explain how to get to the hotel, but for a fee he would lead him. Disgusted, the explorer drove on and, coming to a fire station, parked his Hertz car in the driveway and refused to move until the firemen agreed to tell him where...
...market for large computers there are no sporting rivalries like Coke vs. Pepsi, Hertz vs. Avis, or Heinz vs. Hunt's. It is only IBM against the field. Big Blue controls almost 63% of the worldwide market, while an assortment of relatively puny competitors gets the rest. But one of those companies, Detroit's Burroughs (1985 sales: $5 billion), is determined to acquire one of its fellow underdogs and give Big Blue a run for its data. Burroughs has chosen as its partner-to-be a somewhat larger competitor, Sperry of New York City (fiscal 1986 sales: $5.7 billion...
Across the country, more and more Americans are logging on to computer information and service networks and discovering an ever enlarging cornucopia at their fingertips. Today anybody with a computer, a modem and a deep line of credit can buy an airline ticket to Cleveland, rent a Hertz car at the airport, book a room at the Sheraton, buy a novel from Waldenbooks, check the closing prices on Wall Street and purchase 100 shares of IBM--without ever getting up from the computer...