Word: premiums
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Walt Disney Productions and St. Regis Corp., the forest-products firm, have both been victims of greenmail. In a greenmail ploy, an investor buys enough stock in a company to pose a takeover threat in hopes that the firm's officers will buy him out at a premium. Disney paid $297.4 million in June for shares held by Financier Saul Steinberg, who made a quick $32 million profit. St. Regis has been greenmailed twice, first by Sir James Goldsmith, the British industrialist, and then by Loews Corp., the hotel and movie-theater company...
...last year with its minivan, which carries seven passengers and still drives like a car. Though its Windsor, Ont., plant is operating at full speed and will produce 180,000 minivans this year, Chrysler is hard-pressed to keep up with demand. Some dealers are charging a $2,000 premium on each van. Due within the next nine months are two competing models: the Chevrolet Astro and Ford Aerostar. Industry experts think that minivan sales could go all the way to 750,000 a year...
Some Medicare users fretted that although the premium change would hike their bills, the freeze would result in inferior health care. Said Joe Mazanek, president of Concerned Seniors of Dade County (Fla.): "If you are going to pay doctors less, they are going to find some way of cutting services...
That is about the only unwelcome side effect. Tofutti is a dieter's and a cardiologist's dream. Blended with high-fructose corn sweeteners, it contains 128 calories in four ounces, about the same as frozen yogurt, but fewer than the 250 or more for premium ice cream. NutraSweet, the sugar substitute, may soon be used to further reduce calories. Because Tofutti is both butterfat and cholesterol-free, Mount Sinai Medical Center in Miami Beach even serves the confection to heart patients. It contains no lactose, good news for the millions of Americans who suffer an adverse reaction...
...window, and is regulated by layered memories of conversation, sexual tension and private jokes. But this is conveyed by an extraordinary blooming, spotting, bumbling and streaking of color, an irradiation of the mildly anecdotal by the aggressively visual. The small size of Hodgkin's canvases puts a high premium on their quality of touch (which rarely falters), but the color counts most...