Word: italianize
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Dates: during 1980-1989
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...months ago, De Benedetti, through a family holding company, became the principal owner of Industrie Buitoni Perugina, one of Italy's largest food producers. Last week he took another big bite by announcing that he would pay $250 million for 51% of SME, a food subsidiary of IRI, the Italian government's vast holding company. The acquisition package includes more than 14 companies, which have 20,000 employees, operate 300 restaurants and 80 supermarkets as well as plants turning out everything from ice cream to tomato paste. Buitoni and SME together will have annual revenues of $2 billion...
When De Benedetti took over in 1978 as Olivetti's managing director, the company was almost moribund. It had not paid a dividend in four years, had more than $1 billion in debts and was losing $6 million a month. Olivetti is now the most profitable Italian industrial company. Last year sales increased 22.5%, to $2.6 billion, and profits rose to $201 million...
...visitor today at one of Olivetti's plants in the rolling foothills of the Italian Alps near Ivrea might get the impression that the staff has gone out to lunch. Only small groups of workers are visible at their jobs in the modern ten-acre complex. Olivetti-designed robots, controlled by Olivetti computers, turn out more Olivetti computers and other electronic products in a surrealistic demonstration of the new industrial revolution...
...currently in Florence, Italy this week celebrating the opening of an addition to the library of the Villa I Tatti, a Harvard-owned Center for Italian Renaissance Studies and was unavailable for comment yesterday...
...these fossils. Like other samples of rock from that era, it showed that the creatures alive during the late Cretaceous period had, by geological time scales, suddenly disappeared. In between the limestone layers was a dull red layer of clay about half an inch thick, first discovered by an Italian paleontologist around...