Word: offere
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Several times Colburn slowed a little to let the Penn sophomore set the pace. but Pizza turned down the offer every time. At the two-mile point, Piazza and Colburn were running together with Mike Koerner. Tom Spengler. and John Heyburn, all of Harvard, close behind...
Legislatures are considering bills to raise permissible rates in several states, even though that is likely to lead to higher state or local taxes to pay the interest. If the bills pass, some local governments may have another try at selling bonds. Philadelphia school officials plan to offer a $60 million issue at 7% this month. They found no buyers at 6% in July for two issues of $30 million and $17.5 million. The money is needed for a program of closing and replacing 42 slum schools, all of which were built before 1907, and are not fireproof...
Kirk Kerkorian, 52, who built his $275 million fortune on airlines, hotels and Las Vegas gambling, last week added another potentially rich prize to his leisure and travel domain. He won control of Metro-Goldwyn-Mayer, the ailing moviemaker, with a stunningly successful tender offer for some $26 million of its common stock at $42 a share. In August, Kerkorian had picked up 22% of MOM's stock through another tender. Now his holdings will rise to at least 32% and perhaps to as much as 45% of the company's shares, depending on how much...
Whatever his decision, Kerkorian should be able to wrest MGM's reins from Edgar Bronfman, who is president of Seagram's, chairman of MGM and owner of about 16% of MGM stock. (TIME Inc. owns 5%.) Bronfman strongly opposed Kerkorian's first tender offer but took no position on the second. Kerkorian flew to Manhattan last week to meet MGM executives but kept silent as to whether he will try to oust Bronfman or President Louis ("Bo") Polk from their MGM posts...
China's example during the Great Leap Forward of 1957 does not offer much hope for the success of the Cuban venture. Relying heavily on ideological and moral incentives to clicit an outpouring of voluntary effort, the Chinese embarked on a program of rapid development in both the agricultural and industrial sectors. They halted all private economic activity, taking over private plots on communes and eliminating the small free markets. Consistent with Marxist-Leninist theory, they announced the beginning of the withering of the state and dismantled their apparatus for economic planning. At the enterprise level, workers' committees frequently took...