Word: lamberts
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Erika Park Lambert...
About a dozen manufacturers applied to produce the tranquilizer, but permission has so far been granted only to Zenith Laboratories, Mylan Laboratories and the Parke-Davis division of Warner-Lambert. Diazepam is expected to sell for up to 50% less than Valium. One hundred 5-mg tablets of the tranquilizer now cost around $25. Hoffmann-La Roche could lose 50% of its market share within three years. Says Zenith President James Leonard: "Consumers won't pay for a trademark. They are more interested in therapeutic value...
...sales: $3.7 billion), Houston-based Texas Air offered about $925 million for the company, which includes $23 in cash and securities for each TWA common share. The investment firm Drexel Burnham Lambert will help Texas Air raise the money by underwriting "junk bonds," a popular takeover tool. Icahn, who stands to make a profit of about $50 million when he sells his TWA shares to Texas Air, will probably go along with the deal...
Analysts doubt, however, that investors in De Lorean's comeback attempt will ever see any profits. "I think it would be more fun to just go out and throw your money off the Brooklyn Bridge," says David Healy, an auto company expert at Drexel Burnham Lambert. De Lorean is still under investigation for allegedly defrauding investors in his last company of millions of dollars...
...malign publisher, Lambert Le Roux, is the captivating antihero of the piece. By cunning, he takes over both a populist tabloid and a stately, ultraupperbrow daily. The character has been assumed by many people in Britain to be a burlesque of Australian Press Lord Rupert Murdoch, owner of the Sun and Times of London, as well as the New York Post, Boston Herald and Chicago Sun-Times. There are conspicuous differences: Le Roux is a South African, not an Australian, and he lives in the Surrey countryside, not New York City...