Word: maker
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Dates: during 1980-1989
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...Whatever happens, don't blame yourself for hurting the feelings of your old mate. "A gentleman," as the omniscient Salada Tea Bags-maker correctly suggests, "never hurts someone unintentionally." But he does hurt someone occasionally...
This time the Battle of Britain is over chocolate bars. Foreigners are threatening to gobble up the country's top two candymakers. Rowntree Mackintosh, the maker of Kit Kat bars, is under attack from two Swiss companies seeking a larger share of the world chocolate market. One contender: Zurich-based Jacobs Suchard, which has acquired 18.7% of Rowntree's stock. But the more powerful bidder is giant Nestle, which has offered $3.9 billion for all outstanding shares. Rowntree Chairman Kenneth Dixon is asking the British government to help block the takeover...
Cadbury Schweppes, meanwhile, is being menaced by a U.S. firm, General Cinema, that has bought nearly 18% of the candy and soft-drink maker and is mulling a grab for controlling interest. That, declared Cadbury, would be "unwelcome and strongly resisted." Sweets, anyone...
...fast rise is evidence that the computer industry is still fertile ground for newcomers. With a bankroll of just $1,000, Michael Dell, 23, started selling discount IBM PCs in 1984 as a freshman at the University of Texas. By last year his company was the eleventh largest U.S. maker of personal computers (fiscal 1988 sales: $159 million). But Dell faces tough competition. Three days after its announcement, Fort Worth-based Tandy said it will begin selling PS/2-compatible machines in June...
Hachette joins a fast-growing list of foreign publishers operating in the U.S. Just last February, Britain's Pearson paid $283 million to take over Addison-Wesley, a Massachusetts-based textbook maker. As the buyouts continue, U.S. publishing may become increasingly like its European counterpart, an industry that is dominated by a few behemoths...