Word: offerred
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...will fork over $3 billion for a stake in Barclays, the British bank now locked in a struggle with a consortium led by Royal Bank of Scotland (RBS) to acquire Amsterdam-based ABN Amro. If Barclays' $94 billion cash-and-stock bid prevails against RBS's $98 billion offer, CDB will boost its stake in Barclays to $13.5 billion, making it by far the biggest Chinese offshore investment ever...
...strict dress code and accept rigid discipline. Many of them virtually live at the school, even on Saturdays, doing hours of homework, attending required tutorials if they lag behind, participating in dozens of sports and activities, from basketball to lacrosse and ballet to botany. "Everything a private school would offer a rich kid," Hodge explains. But within this highly structured setting, the school recognizes that many boys need room to learn in their own way. "Some of the kids are hardheaded," Hodge says in a gravelly Bronx roar. "That's what makes a boy. They've gotta experiment, learn...
...much praise and criticism as the goodwill ambassador herself. Are volunteer vacations--which have become so mainstream that CheapTickets recently started letting online customers book volunteer activities along with their vacations--merely overpriced guilt trips with an impact as fleeting as the feel-good factor? Or do they offer individuals a real chance to change the world, one summer jaunt at a time...
...derail the dignity and mission of what we do, we'll simply stop and do something easier. Indeed, it's happening. Nearly 150,000 nursing jobs languish unfilled today in the U.S. (We've already lured over every nurse that Ireland and the Philippines had to offer, and now we're recruiting in sub-Saharan Africa.) And these are good-paying jobs. There's a doctor shortage too - and those jobs pay even more...
...Despite that setback, RBS maintained its interest. Moreover, increasing the cash component in its latest offer has put RBS ahead, analysts contacted by TIME say. Hedge funds and speculators control a massive chunk of ABN - and pressure from hedge funds for it to increase shareholder value forced ABN into merger talks with Barclays in the first place. They may be keen to hold out for the higher price. "We do not expect the RBS consortium will need to increase its offer, and therefore remains the more likely victor," analysts at Bear, Stearns said in a note published Monday...