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Townsend seems uncertain about how much to rely on her famous name. "People are electing Kathleen Townsend," she says. Then she corrects herself. "They are electing Kathleen Kennedy Townsend. I don't intend to hide the fact that I'm a Kennedy." While her posters promote her as Kathleen Townsend, her literature uses all three names. Townsend has been accused of carpetbagging, even though her husband grew up in the district and teaches nearby. When Republicans complain that she is a newcomer, she replies with a humor and bite characteristic of her late father, "The Republicans, of all people, should...

Author: /time Magazine | Title: Can Daddy's Team Be Beaten? | 9/8/1986 | See Source »

...made its largest takeover bid ever as Dart Group offered $3.6 billion, or $58 a share, for Oakland-based Safeway Stores, the biggest supermarket chain in the U.S. Though the Hafts have the retailing expertise to enter the grocery business, some Wall Streeters think that the raiders once again intend to pass through the express checkout line to a quick profit. They already own 5.9% of Safeway's shares, which they bought earlier this year at an average price of about $42 a share. Since Safeway stock rose last week to $57.25, the Hafts could sell...

Author: /time Magazine | Title: Takeovers: A Dart Flies At Safeway | 7/21/1986 | See Source »

...retailer in New York City: "We were beginning to eat our own margins." Moreover, IBM will probably unveil additional measures to compete with the clones. Although the company with its vast resources (1985 sales: $50 billion) depends on PCs for less than 10% of its revenues, IBM does not intend to abandon the market. Industry insiders believe that it is about to market a new version of the PC-AT, with improvements that competitors will have difficulty matching...

Author: /time Magazine | Title: Cut-Rate Computers, Get 'Em Here | 7/21/1986 | See Source »

...management, not competition from a well-equipped Y. If anyone is encroaching, say YMCA officials, it is the private operators. The Y has been touting fitness for more than a century. Declares Thomas Hargrave Jr., president of the Washington YMCA: "We started the health-and-fitness business, and we intend to keep...

Author: /time Magazine | Title: Health & Fitness: Putting on the Ritz At the Y | 7/21/1986 | See Source »

...intend to revisit the United States, nor can I say what power has transported my spirit hither. I must speculate that my presence here implies a responsibility related to the one I assumed more than 150 years ago, when I spent nine months traveling in this country. I was 26, and the nation had enjoyed barely 50 years of independence. America impressed me as a place where the experiment in Democracy, the social revolution that so agitated my contemporaries , was being most peaceably and generally conducted. So, in Democracy in America, I attempted to explain how a multitudinous people contrived...

Author: /time Magazine | Title: Essay: Another Look At Democracy in America | 6/16/1986 | See Source »

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