Word: offerred
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...example, one of Icahn's biggest windfalls came from an investment in cancer-drug maker ImClone Systems. The corporate raider jumped into the stock in 2006, launched a nasty proxy fight, strong-armed the board into rejecting a $36-a-share takeover offer and assumed the post of chairman. Two years later, the company accepted a $70-a-share bid from Eli Lilly & Co. "I felt vindicated," boasted Icahn at the time. Then there was National Energy Group, where he turned a $300 million investment in the company in 2003 into a $1.5 billion payoff when it was sold...
...China's Megatrends is the latest addition to John Naisbitt's Megatrends franchise, a series of middlebrow works that offer extremely generalized social and economic predictions. The first Megatrends (1982) was a publishing phenomenon that sold over 9 million copies and spent two years on the New York Times best-seller list. It was followed by Megatrends 2000 (1990), Megatrends for Women (1992) and Megatrends Asia (1996). But although almost 30 researchers worked on China's Megatrends, it has all the hallmarks of a glib, bolt-on extension to the juggernaut. It is breathtaking in its simplistic, groveling...
...that you included an article by Newt Gingrich [March 1]. Isn't Gingrich giving advice on bipartisan cooperation like asking the fox for advice on how to guard the henhouse? He is the king of noncooperation and partisanship. There are people on both sides of the aisle who can offer advice about bipartisanship and have at least a modicum of credibility Sandy Stanley, MUSCATINE, IOWA...
...much as Demand execs say they don't want to do journalism, they think they can offer it some help. The company envisions its how-tos running alongside stories in more traditional media, sharing revenue and reducing the need for news outlets to produce certain types of service-oriented content. "We're not saying we're going to save traditional media. That's arrogant," Rosenblatt says. "But we're definitely not going to kill...
Likewise, Russia and Eastern Europe offer potential. Russia has arable land and an aging Soviet fleet of farm equipment, and the government has put a priority on being self-sufficient in food and agriculture. The recession has made financing hard to come by in the region, but "Deere is planting the seeds for when the markets normalize," says Lawrence De Maria, an analyst at the New York brokerage firm Sterne Agee. Still, De Maria adds, "it's sticking with assembly factories for now so that if they had to pick up and leave, it wouldn't kill the shareholders...