Word: reaping
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...that corporate America does business. Some 2,806 mergers and buyouts worth nearly $130 billion have occurred so far this year, up from 2,755 deals worth about $100 billion during a comparable period of 1985. The feverish activity has created a climate in which corporate raiders can reap quick, huge profits simply by buying a block of stock in a company, driving up the share price and then selling the securities back to the firm or to a higher bidder...
...fast-growing industry that will undoubtedly reap a windfall from tax reform is the financial-advice business. "Congress has given us a supposedly simplified tax law," says Jean Hehn, a tax adviser in Port Washington, N.Y. "Well, there are so many ifs, buts and whens in it that it's going to bring our profession tremendous business for a long time." One sign of the trend: Shearson Lehman Bros. last week advised its clients to buy stock in H. & R. Block...
...wrong to allow the Kremlin to reap the benefits from the resolution of a crisis of its own creation. If we do it again, we will have confirmed the reduction of the conduct of superpower politics to the level of sexual politics, where one partner in the game may occasionally provoke a tiff because they so much enjoy the pleasures of making...
Then came trouble. Critics in the House of Representatives argued vociferously that the price for Conrail was too low and that a public offering of Conrail stock would reap much more than the private railroad was prepared to offer. Norfolk's concession puts Conrail back on the siding...
...favor is that he is positioned to run well in the South's pod of primaries, caucuses and conventions that will be held in the same week in March of 1988 and will choose perhaps 30% of the delegates to the national conventions. (So is Jackson, who may reap the South's black Democrats the way Robertson may reap its religious-right Republicans.) At a minimum, Robertson could present the eventual Republican nominee with the same kind of dilemma that Jackson posed for Walter Mondale in 1984: how to capitalize at the polls on the fervor of his legions without...