Word: offer
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Dates: during 2000-2009
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Harvard Management Company (HMC), which manages the University’s $35 billion endowment, made an offer late last week to take over a lumber company holding over 200,000 acres of forest in California—enough timberland to cover Cambridge 48 times over...
...offer places Harvard in a bidding war over the bankrupt Pacific Lumber Company. A deal for Pacific Lumber would deepen the University’s already extensive forestry holdings, which are valued in the billions of dollars...
...think that timber is quite attractive to what other asset classes have to offer,” said Meyer, who left the next year to form a Boston-based hedge fund. “[Timber] is also a good diversifier since its returns will not correlate closely with returns from equity markets...
...current turmoil over Turkey's identity that pits political Islam against staunch secularism in the courts and on the streets, the Alevis offer a third way - a faith-based humanism big enough to incorporate both piety and modernity. Indeed, Alevi Islam is as layered as the ceremonial dress worshipers sometimes wear, originating in pre-Islamic times when the Turks were nomadic horsemen in Central Asia. Their circular prayer rooms, veneration of horses and participation in sports such as javelin throwing, all predate the quasi-Shi'ite form of Islam they later adopted (Alevi means "follower of Ali," the grandson...
...Upon returning to Germany, I had some very long discussions with my wife, especially about Rumsfeld's offer of a possible high-paying job in the Department of Defense. "I'm not sure I want to pursue something like that," I said. "But given my reaction to Rumsfeld's memorandum, he now knows that I'm not going to play along. So I don't think he'll pursue...