Word: raider
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...Raider netminders Shawn Murray and Matt Weder have collected 198 saves this season but have a 4.75 goals-against average...
...celebrate his victory in the hostile takeover battle for Trans World Airlines in August 1985, corporate raider Carl Icahn donned a pilot's cap and uniform jacket and paraded triumphantly around his Manhattan office. The parade didn't last long. Plagued by labor strife, mounting losses and bruising competition, TWA became more of a financial straitjacket for the erstwhile wizard than the trophy he had envisioned. In recent years, as he struggled to keep the now bankrupt carrier aloft, Icahn groped for a graceful way to bail out. Despite near frantic efforts, he was unable to find a willing buyer...
...been widely accepted wisdom that corporate raider Carl Icahn launched his hostile takeover of Trans World Airlines six years ago in order to greenmail management into paying a higher price for his stock. Icahn confounded the skeptics by actually taking control and running the airline, - but he has made no secret in recent years of wanting out of his money-losing investment. Throughout last week, Icahn and TWA's labor unions hammered away at a deal that would turn over the airline to its 28,000 workers and allow the New York takeover artist to bail out and save face...
Predictably, Crandall's revolutionary fare changes triggered a dogfight last week with Carl Icahn, the corporate raider turned executive who heads TWA. Icahn challenged the new fares by slashing TWA's rates as much as 40% below American's prices. Icahn also vowed to keep volume discounts for corporate travelers, which American's plan eliminated. "We are here to stay," he told TIME. "I'm not a passive guy. It's hard to drive a low-cost competitor out of business. And, as far as I'm concerned, it won't work...
...concern now is the depressed market for gas, which is still the target of most drilling because its plentiful reserves are largely untapped and exploration carries tax breaks for investors. "It's a bloodbath," says $ gas entrepreneur and former corporate raider T. Boone Pickens. "How many more hits can the industry take...