Word: rebuff
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Dates: during 1980-1989
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...stunning rebuff to Johnson, the board awarded the food-and-tobacco giant to Kohlberg Kravis Roberts, the leveraged-buyout specialists. Underdog KKR won even though the firm's final bid of about $25 billion in cash and securities, or $109 a share, was a bit less than the $25.4 billion, or $112 a share, that Johnson and his handful of top RJR managers had offered as their last stab. (The largest previous deal was Chevron's $13.3 billion takeover of Gulf in 1984.) "It was destined to happen this way," said a source close to the bidding. "The board could...
...station and on the streets. One of his superior officers has called him a "stupid nigger" in front of fellow officers. On one occasion the officer asked someone he was arresting, "Do you want this nigger to see you crying?" Sometimes citizens who call for help will rebuff Scott and ask for a white officer -- a request the department denies...
...invest in, many women just wore their wardrobes for another season -- with perhaps a small hike at the hem. This summer very short lengths will continue to be seen. But for fall, when most women make their serious purchases, skimpy skirts seem a poor bet. In addition to the rebuff on principle, women shunned the mini for economic reasons. "Especially since the October crash, people are more cautious," says Karen Guthrie, 30, a title-insurance company manager in Los Angeles. "Now even yuppies have budgets." In a fit of fashion passion, Susan Rockford, 40, a Manhattan attorney, plunked down...
...most important moderate guerrilla faction, criticized Khalis for failing to clear his statement with other mujahedin leaders. Gailani told TIME he favored talking with Cordovez. That way, he said, "at least he will know what our position is and pass it on" to the Soviets. Gailani's rebuff of a fellow rebel may be part of the jockeying for position in a post-Soviet power structure...
...Reagan Administration began lowering expectations before Shevardnadze's arrival. After expressing perhaps too much disappointment at Gorbachev's initial rebuff, Washington shrewdly turned coy. "The point is to get substantive things done, not just to have a summit," said Shultz, noting that an agreement on intermediate-range nuclear forces (INF) could be signed without a full-dress meeting of the two heads of state. Still, he was not ready to slam any doors. "There is an invitation open to Mr. Gorbachev," Shultz said. "And when he is ready to accept it, we will be ready to receive him." The next...