Word: raid
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Dates: during 1970-1979
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...back half its 33.1 million outstanding shares for about $40 each-including half the stock that Curtiss-Wright bought for an average $23.42 a share. Other Kennecott stockholders might find Berner's plans attractive. Kennecott management is sure to find them a tempting target for that old pejorative: raid...
Harvard police would not comment yesterday on the raid...
...recent abhorrent Palestinian raid in Israel [March 20] along with all the others makes it terrifyingly clear that if a Palestinian state is established in Israel it will be only a beachhead from which to launch attacks on Israel. War and more bloody terrorism will be the result, not peace...
...that some or all of the $1.2 billion Kennecott received would be paid in the form of a special dividend. Instead, Chairman Milliken, apparently fearing an unfriendly takeover attempt, paid $66 a share for Carborundum. The rationale: the bigger the company, the more difficult it is to finance a raid. By paying more than twice the book value for a ho-hum company, Milliken let himself in for savage criticism of his business judgment. John Bogert, a former Kennecott employee who is a copper analyst with Paine, Webber, Jackson & Curtis, says of Milliken and his board: "They...
Begin rejected any such notion. He spoke of the Palestinian raid as "that unspeakable atrocity." It was, he said, "another reminder of what character is the implacable enemy" facing Israel...