Word: partner
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Dates: during 1970-1979
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...chairman of General Motors, over lunch at the GM building; by dessert, Gerstenberg had pledged his active support. Four months later, GM announced that it would invest $6 million and form a subsidiary of its own. (Gerstenberg eventually put up another $6 million.) With Ford Motor as the managing partner, legions of other megacorporations pitched into Ren Cen as limited partners: Allied Chemical, Amoco, Burroughs, Goodyear, Gulf & Western, Kresge...
...largest mortgage ever awarded to a single real estate project. Twenty-eight banks had to share the load for the up-front construction loan that the mortgage will cover. Among them: Chase Manhattan, Morgan Guaranty, First National of Chicago and Bank of America. The 51 Ren Cen partners, for their part, coughed up $114 million in equity, much of it in staggered amounts as costs surged. Said one banking partner, watching his contributions swell and anticipating little return for years and years: "We look on it as a write...
Dolly has been on the road since January. Touring has been a way of life for her for a decade, but this time it is different. She has split with her mentor and partner Porter Wagoner. She has replaced her Travelin' Family Band-including two sisters, two brothers, one cousin-with the rock-savvy Gypsy Fever band. This week she reaches the Roxy in Los Angeles to begin a series of appearances at the citadels of U.S. rock. At 31, Dolly is out to become, in the hyperbole of the trade, a megastar. That means she wants the rock...
Alex Vik, Harvard's D'Artagnan of the links, dueled playing partner Peter Tervainen from Dartmouth for 36 holes over the Agawam Hunt golf course in the Ivy League Championship yesterday. Vik reeled off rounds of 73 and 69 to finish at even par, but Tervainen riposted by matching Vik's 69 in the afternoon after carding a morning round of 71 to come away with medalist honors...
...Palmer, Nicklaus, and Player won eight out of nine. Ben Hogan and Sam Snead both won three times. After winning with a tournament record of 274 in 1953, Hogan said, "I hope I can come back next year and play the same caliber of golf." Byron Nelson, his playing partner, replied, "If you do, you'll be playing here all by yourself...