Word: mitsubishi
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Dates: during 1980-1989
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...corporate kind, waged among Japan, Korea and the European Community, which is apt to | include Czechoslovakia, Hungary, Poland, what used to be called East Germany, and (as an associate member) what remains of the Soviet Union. Will thriller fans line up for tales of Samsung or Mitsubishi infiltrating Siemens A.G. and being foiled by plucky marketing execs...
...Mitsubishi Estate Co.'s purchase of controlling interest in the Rockefeller Group last month set off even more worrisome reports. JAPANESE BUY HEART OF N.Y., declared the Dallas Times Herald. "The roll call of all-American icons falling into foreigners' hands added a new name yesterday," reported Newsday. "When the whole house is being sold off, it doesn't matter much that a cherished heirloom goes as well," sobbed the San Jose Mercury News. The Sacramento Bee carried a photo of "delighted" Japanese tourists gazing at the property now controlled by "their countrymen...
...City Music Hall to see the Rockettes do their high kicks with uncanny precision. But last week the Manhattan landmark, which houses U.S. companies ranging from General Electric to Simon & Schuster, took on a fresh symbolism. Control of the 19-building center passed into foreign hands when Japan's Mitsubishi Estate Co. agreed to pay $846 million for a 51% share of the Rockefeller Group, which owns most of the complex...
...diversify Rockefeller holdings since 1985, when the group issued a $1.3 billion mortgage on Rockefeller Center to outside investors. The mortgage holders can convert the loan into a 71.5% equity stake in twelve of Rockefeller Center's buildings in the year 2000. If the holders execute that option, Mitsubishi Estate's ownership in the storied center will slip into minority status -- and any fears that the towering Christmas tree in Rockefeller Center will be replaced by a tiny bonsai plant in Mitsubishi Center will prove to have been misplaced...
Thousands of companies have learned that if their products are second-rate, customers will take their business elsewhere. -- Ominously, the huge U.S. seizures of cocaine in recent months have done almost nothing to boost the price of the drug. -- Japan's Mitsubishi Estate picks up a piece of Americana with a major investment in Rockefeller Center. -- Ford buys a sporty number: Jaguar...