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As far as CBS is concerned, the takeover drama should be called Mission: Impossible. Wall Street analysts agree that a hostile assault would cost at least $4 billion, more than Turner seems capable of raising. CBS has bolstered its defenses by eliminating a company bylaw that allowed a minority of...

Author: /time Magazine | Title: Plot Problems Cbs Takeover Gossip Abounds | 4/15/1985 | See Source »

But this maneuver gives the game away, destroying Harvard's own argument, for if it is wrong for a $10 million company to do $6 million worth of business with apartheid, surely it is equally wrong for a $5 billion company to do $2 billion worth of business there.

Author: By Duncan Kennedy and Jamin B. Raskin, S | Title: Join the Movement | 4/4/1985 | See Source »

It was a noisy barrage. As soon as Congress reconvened after its Lincoln's Birthday recess, Democrats David Boren of Oklahoma and James Exon of Nebraska began a Senate filibuster aimed at forcing the Administration to make more loan money available to farmers who might otherwise go broke before they...

Author: /time Magazine | Title: Playing Hardball in February | 3/4/1985 | See Source »

Just as the smoke was beginning to clear in Crossroads, the government struck back with its biggest nationwide political crackdown in years. In a carefully choreographed maneuver across several cities, South African security police swooped down on 70 homes and offices belonging to opponents of the government and, in particular...

Author: /time Magazine | Title: South Africa Something Burning Inside | 3/4/1985 | See Source »

A Greenmailer. One of Icahn's partners in the Phillips struggle is Saul Steinberg, 45, an expert in the fine art of greenmail. In that corporate maneuver, an investor buys up a large block of stock in a company and threatens to take it over in hopes that the firm...

Author: /time Magazine | Title: Three Who Watch, Wait and Strike | 3/4/1985 | See Source »

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