Word: offerred
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Dates: during 1980-1989
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...primary advance of Release 3, which sells for $495, is its ability to link as many as 256 spreadsheets in one computer file, creating an almost three-dimensional effect in the way they can be combined to make different calculations. Lotus plans to offer a simpler version, called Release 2.2, within a few months...
...proceed with the merger in the face of the Paramount attack, Time abandoned its earlier plan for a debt-free, tax-free stock swap with Warner, and instead launched a $70-a-share tender offer for 100 million of Warner's nearly 200 million shares. That would buy Time a controlling interest in its merger partner; the remaining Warner stock will be acquired later in exchange for cash and securities. The deal will cost Time the kind of debt it and Warner had hoped to avoid -- somewhere between $7 billion and $14 billion. Unlike the original Time-Warner arrangement...
Paramount attacked the revised Time-Warner merger agreement as "a defensive device, pure and simple. From the standpoint of Time shareholders," the company said, "we don't see how it begins to compare with our offer of $175 a share in cash for all shares." Declared Paramount's principal investment banker, Robert Greenhill of Morgan Stanley: "We consider this a very weak response." Paramount repeated an earlier offer to negotiate a higher price, and declared, "We will continue our efforts to acquire Time Inc. with firm determination...
...rejecting Paramount's bid and going its own way, Time contends that the $175-a-share offer was never really credible. Nicholas noted that it was contingent on "substantial conditions" that included Paramount's ability to obtain financing and the approval of regulatory agencies...
Four years ago, Bentsen turned 80 acres of his 2,200-acre spread into an experimental breeding ground for a pair of endangered black rhinos. Zoos are cramped. Bentsen's expansive pastures offer the South African-born animals most of the comforts of home. "This is fine rhino country," says Bentsen, as he pulls off the highway onto a sandy dirt road. Suddenly you are in south Texas as it was before the developers paved it over. In a soft morning fog, a visitor might mistake the silvery mesquite thickets and rough grass clearings for Africa's Zambezi valley...