Word: murdochized
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Dates: during 1980-1989
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...traditionally understood. Although Updike has a refreshing faith in Christian grace, he does not seem capable of addressing the companion doctrine of damnation can such a man wisely choose to write about witches? Moreover, the plot ignores the literary possibilities of magic: writers such as Robertson Davies and Iris Murdoch have put magical material to broader and more interesting uses...
...stock at a premium price in exchange for a promise that the raider will not go after them again, at least in the near future. In cases just this year, Texaco bought back 9.8% of its shares for $1.28 billion from the Bass family, Warner Communications paid Rupert Murdoch $180.6 million for his 7% interest in the firm, St. Regis purchased for $160 million the 8.6% of its firm held by Sir James Goldsmith, and Quaker State Oil Refining gave Steinberg $47 million for his 8.9% of the company...
...stock sale will bring welcome cash to some of London's newspapers, which collectively own 41% of the company and are nearly all losing money or making decidedly modest profits. The biggest nominal winner is Rupert Murdoch, whose papers in Britain and Australia have a 9.8% total share of Reuters' various classes of stock, worth approximately $100 million, none of which he is offering for sale. Murdoch, who also owns the New York Post and Chicago Sun-Times, acquired about 40% of his companies' interest in Reuters as an apparently minor part of his $27 million purchase...
...aesthetes frequented the Fogg Museum, where Paul Sachs produced platoons of future museum directors in his museum course, and the intellectual elite concentrated in history and literature, where a remarkable group of tutors like Perry Miller, F.O. Matthiessen and Kenneth Murdoch created an atmosphere of excitement for whole generations of students. The emphasis in literature seemed to have been on English authors. If one read Evelyn Waugh's Decline and Fall and Vile Bodies, or dipped into Zuleika Dobson, it was a true sign of sophistication. French literature was pretty much uncharted territory, except in my case, for I received...
...head off the move, many companies are willing to buy back the purchased shares at a premium price. Greenmail practitioners include New York Financier Carl Icahn, 48, whose group pocketed $30 million when he sold his stock in Marshall Field to England's B.A.T. Industries, and Publisher Rupert Murdoch, 53, who made $40 million when Warner Communications bought back his shares at 35% more than the market price...