Word: overly
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Dates: during 1980-1989
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At each appearance during her long day, Wattleton looked immaculate, as though she had just emerged from a beauty salon. In effect she had, for she spends a good 25 minutes before most public occasions "freshening up," as one of her aides calls it. Wattleton has a healthy dose of...
The chain was founded in 1865 by Benjamin Altman, the son of a milliner. In recent decades, the stores were run by the Altman Foundation, which gave $500,000 of the firm's profits to charities each year. Four years ago, the foundation sold Altman's to B.A. Realty Associates...
The raiders' troubles have hit Wall Street like a line of falling dominoes. Defaults by overburdened borrowers have crippled the junk-bond market, which finances many takeover deals. Only $11 billion of junk bonds were issued for mergers and acquisitions in the first nine months of 1989, in contrast to...
Yet the biggest chill has come over raiders who once promised to run companies more efficiently than did the bosses they ousted. Largely self-made men who flaunted their contempt for corporate America, many raiders have had a rude comeuppance. Some have suffered much greater setbacks than others, but few...
Textile Titan. Many skeptical eyes are turned on William Farley, the physical-fitness buff who acquired Northwest Industries, the maker of Fruit of the Loom products, for $1 billion in 1985. Last February Farley took over textile giant West Point-Pepperell in a $3 billion raid that included $1.6 billion...