Word: lefting
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...confrontation between military factions never materialized. By the end of the week, 27th Army soldiers who had participated in the Tiananmen assault had decamped and were replaced by fresh troops from other regiments unconnected with the massacre. Only hours after Deng's appearance on TV, long columns of armor left the city. The military maneuvers served mainly to camouflage a deep political conflict. The massacre at Tiananmen may have been just a violent stage in the ongoing struggle of succession, not unlike the turmoil that has occurred throughout Chinese history whenever a dynasty waned...
...death of Hu last April precipitated a crisis. When expressions of grief sparked in Tiananmen the demands for greater democracy, differences between the factions left the leadership impotent to take a united stand on how to cope with an unprecedented event. As the leaders dithered, the protest swelled...
...outstanding shares, but would leave Time's stockholders with only the prospect that their stock would appreciate over the long run. Moreover, the process of getting Government approval and working out legal details required a 3 1/2-month gap between the announcement and the stockholders' vote on the deal, which left enough time for a hostile bidder to marshal his forces...
...some important ways, however, the matchups look quite different. For one thing, the debt-free nature of the Time-Warner deal would have given the merged company far more flexibility than a Time-Paramount consolidation might have. "The Time-Warner combination left everybody's powder dry to be able to go out and make acquisitions," says Larry Gerbrandt, a vice president of Paul Kagan Associates, a California-based communications-industry analyst. "But in a tender offer like Paramount's, you have to load up with a tremendous amount of debt that limits your options. The strategy can work...
...rumors had circulated for months that Davis was preparing a bid, Time executives counted on his promise of noninterference. "He's on the telephone to us almost every day," a senior Time officer said several weeks before Davis made his move. "He's just unhappy that he's been left out. He can't stop kibitzing." All the while, however, Davis was preparing his attack under the code name Kronos, for a Greek god associated with time. Davis was advised by Robert Greenhill, vice chairman of the Morgan Stanley investment banking firm, which is now Paramount's chief adviser...