Word: largest
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Dates: during 1980-1989
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...that is 16 miles in circumference, installed nearly 5,000 powerful electromagnets, and put along the ring four massive detectors, each weighing several tons but sensitive to the passage of a single subatomic particle. This week, if all goes according to plan, technicians will begin test runs of the largest scientific instrument in the world...
...setting was an unlikely place to announce the largest corporate takeover in Britain. Employees of Consolidated Gold Fields, the world's second largest gold producer, had gathered last week at the London Zoo for a dinner party to celebrate the company's rebuff in May of a hostile takeover bid by South African-controlled Minorco. Not until the meal was over did ConsGold Chairman Rudolph Agnew inform his troops that the company's board had accepted a $5.5 billion takeover bid from Hanson PLC, the $12.5 billion British group whose holdings include Jacuzzi and Farberware...
Lord Hanson, the company's chairman, and Sir Gordon White, head of U.S. operations, have built their empire by acquiring assets at bargain prices and then selling off pieces to pay down their debts. As a result, the 102-year-old ConsGold, which owns 49% of Newmont Mining, the largest gold producer in the U.S., is likely to be split up. Some of its divisions may wind up in the hands of the company's first suitor, Minorco...
...currently China's third largest trading partner--after Hong Kong and Japan--and American investments there total $3.5 billion...
Pickens became Koito's largest stockholder last March, when his investment firm took over the shares (estimated cost: more than $800 million) from Kitaro Watanabe, a billionaire Japanese real estate speculator. In a project code- named Falcon, after Pickens' private jet, the Texan claims his goal is "to maximize the profits and value of Koito for all the shareholders." He asserts that Japanese companies put corporate interests before those of individual shareholders, notably by reinvesting profits in the company rather than increasing dividends...