Word: profit
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Dates: during 1980-1989
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...based Texas Air offered about $925 million for the company, which includes $23 in cash and securities for each TWA common share. The investment firm Drexel Burnham Lambert will help Texas Air raise the money by underwriting "junk bonds," a popular takeover tool. Icahn, who stands to make a profit of about $50 million when he sells his TWA shares to Texas Air, will probably go along with the deal...
...began a comeback last year, earning $29.9 million, its first profit in four years. Icahn came along with his takeover offer last month. He eventually acquired 33% of TWA's stock and was offering $18 a share for the rest. Despite Icahn's denials, TWA feared that if he won control he would dismantle the company by selling off some routes, as well as landing rights and jets...
Funded and operated by Cambridge Discovery, a non-profit group, the Information booth first opened its windows last Monday, and volunteers were busy all week dispensing answers and tourist materials to a steady stream of Square explorers...
...tickets for big concerts and nightclub bands at Out of Town News, Strawberry Records, Ticketron or the box offices. If it's concert tickets you want, make sure you go early, because the high-school kids always seem to eat them up quickly and scalp them at a huge profit to saps who didn't wait in line for seats...
...events becomes an inseparable part of those events, they must apply a different set of standards. They must separate the public's need to know from its desire to know. They must not blindly seek to satisfy their viewers' wishes, and they must not be blinded by prestige or profit...