Word: rand
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Dates: during 1990-1999
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...which is in a vicious proxy contest this week with Hilton Hotels for control of ITT Corp. By topping Hilton's offer with a $10.2 billion bid for ITT, Sternlicht has thrust himself into what had been a very personal battle between Hilton CEO Stephen Bollenbach and ITT boss Rand Araskog--and thus into the public spotlight. Sternlicht is a Wall Street darling. His stock, including dividends, has soared 86% in the past year. But even for a darling, the heat of bright lights is no place to be when your company employs a rare and mysterious tax structure...
...month battle, replete with name calling, to buy ITT and its prized Sheraton properties and Caesars hotels and casinos, Bollenbach came up empty. But the escape from Hilton cost ITT its independence. Fearful that ITT shareholders would accept Hilton's $70 a share offer in two weeks, ITT chairman Rand Araskog pulled a rabbit out of a hat by agreeing to sell ITT to Starwood Lodging for $82 a share. That's 17% more than Hilton's "final" offer...
...makes teaching very exciting to feel that you are part of something new and possibly revolutionary on the academic front," says preceptor Peter Rand, an author and former writing teacher at Columbia University who joined Expos this fall. "In this atmosphere there is also a very warm rapport between preceptors...
...course it's a popularity contest," said Douglas B. Rand '98. "Not that there's anything necessarily wrong with that...
...like the old days," laments Rand Morrison, senior broadcast producer on Public Eye and a 48 Hours veteran. "Now everyone's been on TV. It's not a lure. You'll call someone, and they'll say, 'You're the fifth person who's called me.' There's an astonishing level of sophistication too. People are in on the mechanism. They're like, 'Are you picking me up [for the show in a limo]?'" Winning a guest, adds senior editorial producer Nancy Duffy, "ultimately boils down to that person's sense of nostalgia, who they've watched...