Word: ince
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Dates: during 1980-1989
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Last week NWA Inc., the parent company of Northwest Orient Airlines, agreed to buy Republic Airlines for $884 million. The combination of the two carriers, both based in Minneapolis, is a good fit. Primarily a long-haul operator, Northwest would benefit from adding Republic's shorter Midwestern and Southeastern routes. If approved by the companies' shareholders and the Department of Justice, the deal would create the fifth-largest U.S. airline in terms of passengers, behind United, Eastern, Delta and American...
Rosabeth Moss Kanter, 42, will become the first Class of 1960 Professor of Business Administration, a chair endowed with a gift of $1.75 million by alumni last October. Kanter, who with her husband runs Good-measure, Inc., a Cambridge management consulting firm, will join the faculty July...
...authentic-looking invitations promised two free tickets to the Washington Redskins-Cincinnati Bengals football game. The recipients had only to show up for a pregame brunch at the Washington Convention Center. A wary reader, though, might have noticed that the sponsor, "Flagship International Sports Television, Inc.," had the same initials as the Fugitive Investigative Strike Team (FIST) of the U.S. Marshals Service. The guest list, it turned out, consisted of 3,000 Washington-area fugitives...
...because two jurors held out for conviction on most of the 50 counts. In New York, Thomas Reed, a former Air Force Secretary and Reagan assistant, was acquitted of profiting in the stock market through illegal insider information, allegedly from Gordon Reed, his father and a director of Amax, Inc. Reed made $427,000 by acquiring Amax stock options in March 1981, just before a takeover offer from the Standard Oil Co. of California ballooned the value of his purchase. In Alexandria, Va., jurors found former Assistant Navy Secretary George Sawyer not guilty of violating conflict of interest laws...
Sally H. Zeckhauser, president of Harvard Real Estate (HRE) Inc., called the discussions "tricky and sensitive" at this stage and would reveal no details about a potential sale...