Word: outbids
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Sinclair stayed long enough to pluck Richfield out of the expectant hands of Standard Oil of California. Unable to outbid SoCal by himself, he teamed up with Manhattan's Cities Service Co.; between them, the two eastern oil companies and their subsidiaries eventually bought up 62% of the stock in the reorganized Richfield Oil Corp. Last week. 26 years after the deal went through, the Justice Department hauled Richfield. Cities Service and Sinclair Oil into Los Angeles federal court to answer a civil suit alleging violation of the antitrust laws...
...five years after Hans Reuter went to work there, and rose from compressor salesman to head engineer. For the past two decades, he and Reuter have worked together 14 hours a day, automating Demag's production lines, planning new products, and maneuvering salesmen around the globe to outbid competitors. A slow-spoken technocrat, Miller is alleged by his plaintive subordinates to start his work day "shortly after midnight...
...vicious circle of the system allows the former renter to outbid the Indians when the lease expires and take over the hacienda as soon as it becomes profitable once more. The renter waits for the Indians to accept the tempting agricultural aid that several organizations offer--which would increase prosperity in the community, hence assuring a return to serfdom. Caught in this system, these Indians are afraid to act and wait quietly for an opportunity to change. Should revolution sweep Peru, as many observers feel it soon will, these are some of the people with nothing to lose and everything...
...Deerfield, Ill., was named for Shepard. A greeting card went on sale in Boston for admirers to send to the astronaut. Mayor Wagner of New York promised him the greatest ticker-tape welcome in New York's littered history. Mayor Poulson of Los Angeles immediately tried to outbid Wagner. A bar in Fort Wayne, Ind., treated its customers to champagne. Senators, judges, professors and generals burst into praise for Shepard. Said First Lady Jackie Kennedy: "I think it's wonderful." Senator Styles Bridges of New Hampshire was loudly proud that Shepard came from his state. The people...
...wanted on the venerable Mark Robinson estate. The land controlled the irrigation track into the sugar company's fields, also the roads over which its cane-hauling trucks had to move. Ho extracted only an ounce of flesh when Oahu Sugar came to him after it had been outbid. "I could really have been tough on them," he says. "I could have sold for a $500,000 profit instead of only $150,000. But they'd never speak to me again, and this is a small town...