Word: partnering
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Dates: during 1990-1999
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During the past few years, however, as one media giant after another merged with a powerful partner, Wasserman apparently became convinced that MCA needed to make a strategic alliance to gain King Kong-like size and access to hoards of cash. Capital Cities bought ABC, General Electric acquired NBC, Murdoch bought Fox, and Time Inc. acquired Warner Communications. As Wasserman reportedly told an MCA shareholder last year, "We're a 200-lb. gorilla in a game with 1,000-lb. gorillas. We've got to become a 1,000-lb. gorilla or get out of the game...
...Boitano and Witt, moreover, skating together represents a pragmatic compromise between getting an audience and pursuing their true calling, solo performance. Says Witt: "We each have two solos per show. But we also do partner skating, which is totally different." The moves in pair skating are much closer to dance and emphasize carrying and tossing the female partner rather than individual jumps and spins. Thus the genre is at once less athletic than what Boitano and Witt are used to and far more athletic than what they can achieve together without years of practice. Witt, who is not pushing herself...
While it was minding everyone else's business, Laventhol & Horwath apparently should have been minding its own. Last week Robert Levine, CEO and executive partner of the Philadelphia-based accounting firm, announced that gallons of red ink added up to a black day and that the company was filing for Chapter 11 protection from its hordes of creditors. Ultimately, it was neither creditors nor clients who pulled the plug on the failing firm; it was Laventhol's partners themselves. Confronted by an $85 million bank debt and enormous litigation costs, the partners decided they could not afford to save...
...political unrest and economic chaos in the Soviet Union as well as, farther away, the conflict in the Persian Gulf. Turmoil in the Middle East has pushed up oil prices and curtailed world markets at the very moment when the Soviet Union, still the East Europeans' major trading partner, has cut back sharply on oil deliveries to its former allies and reduced its purchases of their goods. In Hungary angry motorists have blockaded roads and bridges; in Bulgaria the government has been forced to order sharp cuts in the power supply. The oil crisis has made it impossible to shut...
...Labour M.P.s, he seized the ceremonial mace and brandished it over his head. Heseltine's sense of judgment was called into question again in 1986 when, after a bitter argument with Thatcher over the bailout of the privately owned Westland helicopter company -- she favored an American, he a European partner -- Heseltine stalked out of a Cabinet meeting and announced his resignation. An able orator and administrator, Heseltine, 57, has spent the past four years campaigning quietly but persistently against Thatcher, waiting for the right moment to achieve his Oxford goal...