Word: paramount
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...Paramount Pictures...
...companies are even adding commercials for local businesses, which include everything from pizza parlors to car washes; these ads are sometimes in addition to those already inserted by the studios. With the same kind of self-righteous growl a dog utters when a rival approaches his dinner bowl, Paramount, which started the phenomenon with Top Gun, has brought suit in a federal court in Wichita to stop such Johnny-come-latelies...
...almost procedural due process." In February he reopened the complicated question of whether the U.S. should provide sensitive technology to Japan for that country's FSX aircraft after learning that the Reagan White House had ignored Commerce Department doubts about the deal. During Cabinet meetings, when political considerations are paramount, Bush often asks, half-seriously, "What should we do in case we just want to do the right thing...
...Court judges delivered the final verdict in a seven-week battle that had riveted the attention of corporate America. Justice Henry Horsey matter-of- factly declared that the court had found "no error" in a July 14 lower- court ruling in which Chancellor William Allen denied a motion by Paramount Communications to block the merger of Time Inc. and Warner Communications. Said Horsey: "We therefore affirm the decision...
...part, Paramount dropped its $200-a-share hostile bid for Time after the supreme court ruling. The decision upheld Allen's finding that Time's management acted properly when it responded to Paramount's raid by converting the Time-Warner deal from a stock swap, which required shareholder approval, to a leveraged purchase, which needed no such vote. Paramount Chairman Martin Davis said he would "continue aggressively to build our core business in publishing and entertainment." Last week Paramount agreed to sell its financial-services subsidiary, Associates First Capital, to Ford Motor for $3.35 billion, which would give the communications...