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Just last week, American Home Products, a sprawling outfit whose wares range from Anacin to Chef Boyardee spaghetti and meatballs, launched an $8.5 billion hostile bid for pharmaceutical maker American Cyanamid. At $95 a share, the offer was fully $32 a share more than Cyanamid's recent trading price, which made its shareholders the envy of Wall Street. Moreover, the staggering bid arrived while investors were still humming with reports that the Norfolk Southern railroad was in talks to acquire Conrail, once a sickly ward of the government but now a healthy freight hauler, in a deal that would create...

Author: /time Magazine | Title: Come Together, Right Now | 8/15/1994 | See Source »

During the past two weeks, while his preliminary hearing was in progress, Simpson left the jail at 8:15 on most mornings. After exchanging his dark blue, loose-fitting inmate outfit with LA COUNTY JAIL stenciled on the back for his street clothes, he was escorted into the back seat of a black-and- white sheriff's van with tinted windows, bound for the criminal-courts building three-quarters of a mile away. Following close behind was an unmarked Chevy Caprice chase car with two armed plainclothesmen...

Author: /time Magazine | Title: A Day in the Life of Prisoner 4013970 | 7/18/1994 | See Source »

...deal does hold, most industry analysts see it as a smart move toward the future by CBS, a conservative outfit with a maturing lineup of shows in that old fogey of the video market, network television. "Diller will create synergy," says Bishop Cheen, a Kagan analyst, "by wearing three hats. Number one, the network hat, and there's he's a Hall of Famer. Two, the programming hat: he will create good and cheap programming. And third, merchandiser -- a hat that has never been worn at CBS with any great authority. He'll merge two favorite American pastimes: shopping...

Author: /time Magazine | Title: The Barry and Larry Show | 7/11/1994 | See Source »

...actress who is no great shakes in the emoting department but has brightness and vulnerability to burn. So they made her character a cub reporter who hasn't figured out how attractive, resourceful or brave she is -- a heroine in the process of becoming. It's a nicely contoured outfit for Roberts to wear to the Hitchcock ball. And Nick Nolte, displaying his dimpled machismo, is a knowing escort...

Author: /time Magazine | Title: CINEMA: Jovial Julia Roberts has an ideal role in a bland caper with Nick Nolte | 7/4/1994 | See Source »

...divides the House of Commons into two opposing camps and also alludes to the rift between Gilmour and bassist Roger Waters, who left Pink Floyd in 1984. It was Waters who in the early 1970s masterminded the band's transformation from an acid-rock act into a sleek, shadowy outfit that used high-tech wizardry and mordant humor to skewer greedy capitalists, warmongering generals and -- most evil of all -- nasty headmasters. With Waters as its leader, Pink Floyd became famous for its surrealistic, multimedia concerts, culminating with the tour for the band's 1980 album The Wall. Those shows were...

Author: /time Magazine | Title: MUSIC: The Band That Wouldn't Die | 5/30/1994 | See Source »

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