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Acquisitors Carl Icahn and Sir James Goldsmith were also on the prowl last week. Goldsmith, who controls Grand Union supermarkets and France's L'Express magazine, formally offered more than $800 million for up to 70% of Crown Zellerbach, a forest products company that has been fighting off the interloper since December. The day after the Goldsmith proposal, Icahn said he would pay $305 million for 51% of Uni-royal, a tire and chemical manufacturer, which immediately spurned the deal. The moves were only the latest in an increasingly frenzied round of takeover brawls and mergers. Last month Capital Cities...

Author: /time Magazine | Title: The Great Takeover Debate | 4/22/1985 | See Source »

...make-belive firing squad executions of "communist sympathizers," the play freedom fighters proclaimed victory from the steps of City Hall and declared Rhode Island's capital under martial law. The phony Contras were quick to agree with President's description of their Yankee forebears: shouted one "guerrilla" on the prowl for suspected communists, "we're not terrorists, we're fighting for democracy." Brown Daily Herala...

Author: NO WRITER ATTRIBUTED | Title: Contras, Koreans, and CLA Recruiters | 4/15/1985 | See Source »

...business of making profits from the price discrepancies that often turn up in financial markets. In takeover struggles, acquiring companies offer to pay more than the market price to ensure that stockholders will turn over their shares. When the so-called arbs see corporate raiders on the prowl, they buy blocks of the target firm's stock while the price is still low. They are betting that the deal will go through and that they will be able to sell the stock later at the higher price...

Author: /time Magazine | Title: Swimming with the Sharks | 3/4/1985 | See Source »

Viewing Tommy's over the course of almost three decades, a sense of continuity may emerge; but, in the cause of an evening, the place in is anything but stable. Lunatics prowl at all hours, yelling in foreign or private languages, while the less crazed sweat over the video games (Marble Madness, Punch Out, Karate Champ), make secretive phone calls, chain smoke, binge, purge, engage in brawls to which the police are summoned--or simply attempt to mind their own business...

Author: By Theodore P. Friesd, | Title: The Allure of Cheesesteak and Abuse | 2/22/1985 | See Source »

BOSWORTH SEES HER break with the fashion world as the turning point in Arbus' career, the moment she went form being a photographer to being an artist. Forbidden as a young girl from even looking at freaks, she now stared. She began to prowl the streets of New York-late at night, when the train stations were "deep, empty, odoriferous-'like pits of hell''' and when the freaks-came out. Soon she became a regular at Hubert's Freak Museum. Staring at the hideous figures, she felt fear run its course through her body and she was determined to conquer...

Author: By Eunice L. An, | Title: Arbus's Freaky World | 2/13/1985 | See Source »

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