Word: offerred
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Dates: during 1980-1989
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...have a spare $50,000 or $500,000, that's a mortgage you might want to make. It matches the yield on all but the junkiest junk bonds and, if you're careful, entails a lot less risk. Such deals are widely available. There are borrowers who can offer good security but, for whatever reason, can't get a conventional loan, or can't get it as fast as they need...
...where the company's 14-member board of directors was making a high-stakes decision. Just 30 minutes after trading closed on the New York Stock Exchange, Paramount announced that it was increasing its hostile bid for Time Inc. from $175 a share to $200, thus raising its total offer from $10.7 billion to more than $12 billion...
...letter last week announcing the upgraded offer to Richard Munro, chairman of Time, Paramount Chairman Martin Davis said he hoped "that your board and management will now discontinue your efforts to preclude stockholder choice and give Time's shareholders an opportunity to consider our offer." Time promised to consider the new bid "in due course" and advised its stockholders "not to act on the offer until they hear from Time...
...share offer is certain to be welcomed by money managers and shareholders who had chafed at Time's rejection of the original Paramount bid. Said Paul Kagan, head of Paul Kagan Associates, a California-based firm that follows the media industry: "It will be very hard for management to tell stockholders that they can't have the $200. This is a large price for Time stockholders who have waited a long while for prices to approximate the real value of their stock." Time shares closed Friday at 165 7/8, up 10 1/2 for the day, in response to leaked reports...
Though the Clift has taken pampering to an extreme, its efforts are now typical of an industry that once merely tolerated children. Nearly 80% of U.S. hotels offer kids-stay-free programs to guests, according to the American Hotel & Motel Association. Many also provide baby-sitting services, day care and activities from cooking classes in the hotel kitchen to kite flying. Many airlines, meanwhile, allowed children to fly free last spring, and some are still offering substantial discounts. Delta hands out Mickey Mouse visors, Alaska Airlines provides pencils and slates, and Midway Airlines serves up children's meals on Frisbees...