Word: outbidding
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Then the Dallas Cowboys outbid Detroit for Jones, and Merritt could not come to terms with the team's owners, an unwieldy ensemble of 32 citizens, including Motown Singing Star Marvin Gaye. Instead of Merritt, the Wheels hired Dan Boisture, coach at Eastern Michigan University. The Wheels also brought in a defensive coordinator, David Brazil, who, one Wheel player reported, had coached his high school team to a 0-7 record. Worse still, the team could not use Tiger Stadium because the Lions held exclusive football rights there; the Wheels had to play in Ypsilanti, 35 miles from downtown...
Gehlen's successor, Gerhard Wessel, 60, first attempted to remedy his growing staff shortages with blind newspaper ads: "Multinational company with worldwide operations seeks multilingual executive assistant willing to travel." Other multinational companies, however, outbid him with more intriguing ads and better pay. In desperation, Wessel decided to go public. He ordered his small public relations staff, whose major function previously had been to keep the BND out of the news, to thrust it into the limelight instead...
...were dwindling, but it had cash reserves of $100 million and no debt. So AMK bought 733,-200 United Fruit shares-10% of the total-in a single block on the open market, in one of the largest transactions ever to appear on a stock-exchange tape. Black then outbid two other conglomerates, Zapata and Textron, for a controlling interest, and AMK became United Brands...
...reasons. Another is strict French laws regulating production of the most sought after wines. Demand continues to grow in the U.S., Asia and Europe. Not only are Americans drinking more table wine than ever* but Japan has had a stunning impact on the market. Tokyo importers sometimes outbid rivals by as much as 50%. In London, Sir Hugh Wonter, chairman of the Savoy Group, predicts that within a few years his hotels will have to charge $75 for a bottle of Bordeaux. "I think," Sir Hugh says, "that we shall have to take lemonade...
...Though less of a social watering spot, the summer sales at Keeneland boast no less inflated prices. It was there in 1968 that a Norfolk, Va., grocery-chain owner outbid the late Charles Engelhard to set a still unbroken record: $405,000 for a filly, Reine Enchanteur...