Word: largest
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Dates: during 1980-1989
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...Federated Department Stores, surrender seemed an imminent and lamentable - fate. After a long, five-week siege, the largest U.S. department-store owner had all but given up hope of fending off a takeover raid from the north by Canadian Developer Robert Campeau, who had offered $6.1 billion, or $68 a share, for the Cincinnati-based retailer. But as happens routinely in romances and rarely in corporate struggles, the whitest knight conceivable appeared last week. The venerable R.H. Macy & Co., an all-American name that evokes images of Thanksgiving Day parades and the classic movie Miracle on 34th Street, made...
...based in New York City, and San Francisco's I. Magnin. If Federated combined with either Macy's (97 stores, 1987 fiscal-year sales: $5.2 billion) or Manhattan-based Allied Stores (286 stores, estimated 1987 sales: $3.5 billion), which Campeau Corp. bought in 1986, the merger would be the largest in retail history...
...gunman fired five shots into Byrne's parked squad car, breaching a line against the deliberate killing of police that even the Mafia usually respects. An army of 10,000 lawmen, some from as far away as Texas, attended Byrne's funeral in what may have been the largest such U.S. police honor guard. "If our son Eddie, sitting in a police car representing and protecting us, can be wasted by scum, then none of us is safe," said his grieving father Matthew, a retired New York police lieutenant. New York Mayor Edward Koch called Byrne a "martyr in what...
...meeting to announce yet another daring takeover but to concede the end of his boldest dream. In just eight minutes, the raider crisply laid out plans for his Bell Resources company to sell -- at a $206 million loss -- most of its 28% stake in Broken Hill Proprietary, Australia's largest company (1987 revenues: $6 billion). Holmes a Court had patiently stalked BHP, a vast mineral and energy conglomerate, for nearly five years, aiming to use the company as the foundation for a global natural- resources empire. His decision to sell was poignant evidence of the changing fortunes wrought by last...
MIAMI. They call themselves the Shower Posse because they are known for unleashing torrents of machine-gun fire in the course of business. The Miami- based Shower gang is the largest of some 30 so-called posses across the U.S. that have been set up by illegal Jamaican aliens. With branches in New York City, Los Angeles, Chicago, Kansas City, Dallas, Washington and other large cities, the Jamaican network has come to dominate the U.S. crack trade in the past two years. Sporting such fanciful nicknames as "Tivoli Gardens," "Bushmouth" and "Superstar," the posses currently have more than...