Word: offers
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Dates: during 1990-1999
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...deal was a major success for Legacy: the offer price of $6 a share gave the struggling software house a market capitalization of more than $14 million on a fully diluted basis. Perhaps the biggest winner was an obscure Monaco company called EBC Trust. Some months before the deal, EBC provided a loan to Legacy to keep it going, and is now one of the company's biggest single stockholders, with millions of dollars in paper profits...
Angry now, O'Keefe filed his lawsuit. This time Loewen dispatched a top executive, John Turner, currently working for SCI, to settle the lawsuit. Turner, in an offer so appealing it just about stunned O'Keefe, proposed to sell O'Keefe the Riemann family's insurance company, which was like offering to sell the Hatfield homestead to a McCoy...
Soon after the Loewen group made its offer to sell O'Keefe the Riemanns' insurance company, the deal began to erode. Or so it seemed to O'Keefe, who suspected the Riemann boys of using their insider status with Ray Loewen to undermine the sale. All at once the company seemed to drag its feet and impose new barriers. Even John Turner, then Ray Loewen's right-hand executive, later testified that he too became convinced that no matter how cooperative O'Keefe tried to be, the deal would not be completed...
That Loewen's shareholders will benefit, merger or not, is certain. The offer has bid up the value of their stock and, incidentally, of O'Keefe's settlement, which included 1.5 million shares. If SCI prevails at $45 a share, that stock will be worth $22.5 million more than was guaranteed in the settlement...
...have these series managed to last through a couple of presidential administrations while shows like Fox's Lush Life--just as appallingly written as Married...with Children--disappear after just two episodes? Closer inspection reveals that most long-running shows offer entertainments utterly unlike the majority of dramas and comedies on television. On no other cop show but Walker, for instance, does the fight between good and evil get so primal as to involve face-offs between man and grizzly bear in the Utah mountains. Moreover, while most sitcoms in the '90s strive for some semblance of urbanity, Married...with...