Word: paramount
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Sumner Redstone, a man who does not easily toss in his cards, was determined not to be shunted aside in the bidding war for Paramount Communications last week. As the clock ticked down toward a Friday-midnight deadline for new bids, Wall Street was wondering whether Viacom Inc.'s chairman would be able to pull a last-minute rabbit out of his hat. Unknown to most analysts and investors, a team of investment advisers and lawyers was secretly huddled at the Ritz Carlton hotel in New York City negotiating a blockbuster of a deal that would help Viacom beat...
...special effects and computer animation. In the world of "Jurassic Park," humans are almost an afterthought, present only so that the dinosaurs can devour them. However, "Schindler's List," based on a true story, focuses on human beings, presenting a vision of a world where people are of paramount importance and where one person's actions carry great weight...
...second secret trait of the Clintonites, arrogance, might be more precisely defined as the arrogance of lawyers, especially those trained in the Ivy League and working inside the Beltway. Lawyers are paid to put deals together. Restructuring the American health industry may be bigger than ingesting Paramount, but once you give a lawyer the assignment, all the rest is commentary. If a couple dozen lawyers can't handle this, then what good are their fancy educations, and what good have they done by forsaking the even fancier jobs they might have held in the private sector? If the gargantuan project...
...Delaware Supreme Court upheld a lower courts ruling that invalidated antitakeover measures deployed by Paramount Communications against QVC Network. QVC's rival, Viacom, must now decide whether to increase its $9.4 billion bid to match QVCs $10.1 billion offer...
BUSINESS: Diller Closes In on Paramount...