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...Some of the recent buying came from Seagram, the beverage giant, which boosted its holdings to 14.9% of Time Warner's shares. But more came from traders reacting to a sudden storm of rumors that Seagram's president, Edgar Bronfman Jr., had finally decided to go for an outright takeover. Rumors endowed Bronfman with a long string of potential allies (several phone companies, the cable-TV firm Tele-Communications Inc. and such Hollywood powers as superagent Michael Ovitz and QVC chief Barry Diller) and even set a potential price: $55 for each of the 322 million Time Warner shares that...

Author: /time Magazine | Title: Dress Rehearsal, Or Opening Night? | 5/16/1994 | See Source »

...there may be a price to pay at home. The N.R.A. promised to punish those who voted in favor of the ban more than those who supported the Brady Bill, because that bill only delayed ownership of handguns by five days and didn't ban them outright. Hyde, who voted for the Brady Bill, recognizes that the assault-weapons measure "is a bigger nose in a smaller tent," and he anticipates continuing static from the pro-gun forces. While there is growing concern about guns in his district, it is the other side that is galvanized to retaliate. "The N.R.A...

Author: /time Magazine | Title: Giving Up the Gun: the Conversion of Henry Hyde | 5/16/1994 | See Source »

Although it did not win any of the individual races outright, second and third place finishes propelled the Crimson to fourth overall...

Author: By Matt Howitt, | Title: M. Track Surprises in End | 5/11/1994 | See Source »

...face-offs with both Garamendi, 42% to 25%, and Wilson, 51% to 39%. The state Democratic convention in Los Angeles last month declined to endorse a candidate this year, but her dominance at the event gave her a badly needed lift after a long season of unfocused strategy and outright foul-ups. Ushered before the placard-waving delegates swaying to rock music, Brown wore a suit of banker's blue with a string of Barbara Bush pearls as she uncorked a new campaign that pushed just two messages: a promise of 1 million new jobs and an excoriation...

Author: /time Magazine | Title: Golden State Warriors | 5/9/1994 | See Source »

...updated with paste-on stickers; to ensure fairness, Zulu Chief Mangosuthu Buthelezi demanded a fourth day of voting. While exasperated thousands waited, election workers gave puzzled first timers impromptu lessons in how to mark a ballot. Mandela said some of the ballot shortages looked like outright "sabotage," and he too called for another day of polling. At last the election officials requested and got an extension of the voting, originally scheduled to end Thursday, into Friday in several parts of the country...

Author: /time Magazine | Title: Time to Take Charge | 5/9/1994 | See Source »

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