Word: premiums
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Dates: during 1970-1979
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...closed at $65.50; even those who bought at that price will profit by selling to Unilever at $73.50. That situation points up the big gest reason for the takeover trend: prices of many stocks have sunk so low that a cash-rich company can offer a tempting premium and still pick up corporate as sets for less money than it would need to launch its own expansion program...
This year a new, softer ball has been adopted which is more like the ball used in international competition. The softer ball puts more of a premium on stamina, and the squash team is experimenting with different ways of practicing. "To keep up you must be able to run forever as well as to play intelligently," Fish said...
...have heard that other services within the University community already have a negative checkoff status, for example the abortion premium on University health insurance. I have heard that we don't even have a choice in supporting, say the Institute of Politics. Perhaps those analogies can be challenged; but my reply here is that past 'infringements' do not justify future ones...
...individuals as well. That effort might face another obstacle: memories of the 1930s, when an earlier wave of foreign-bond borrowings in the U.S. ended in massive defaults, and many of the bonds became worthless wallpaper. Still, few experts expect that to happen again-and, anyway, an interest premium is an interest premium...
...first public bid for Carborundum was made by Eaton Corp., the Cleveland-based auto-parts maker, nearly three weeks ago; Eaton offered $47 a share for Carborundum, a pretty premium of $14 for a stock that never sold higher than 40% during the past ten years. When Carborundum rejected that offer, a furious auction began that finally concluded early last week in the Manhattan offices of Morgan Stanley & Co., which represented Carborundum. After some unnamed other bidders called in by phone, Kennecott offered $66, or some 14 times this year's projected earnings...