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...written in the 1930's, it defined Bennett's rebellion against his austere schoolmates as one of style and substance. The film version, directed by Marek Kanievska, is a botch. Every shot is vaselined with romanticism; every dewy undergraduate looks ready to pose in his Calvins; and Rupert Everett's Bennett, a dandy dandy on the London stage, has become gross onscreen. Instead of a national tragedy in embryo, what we get is a posh summer camp. -By Richard Corliss...

Author: /time Magazine | Title: Cinema: Styles for a Summer Night | 7/23/1984 | See Source »

...stock at a premium price in exchange for a promise that the raider will not go after them again, at least in the near future. In cases just this year, Texaco bought back 9.8% of its shares for $1.28 billion from the Bass family, Warner Communications paid Rupert Murdoch $180.6 million for his 7% interest in the firm, St. Regis purchased for $160 million the 8.6% of its firm held by Sir James Goldsmith, and Quaker State Oil Refining gave Steinberg $47 million for his 8.9% of the company...

Author: /time Magazine | Title: Greenmailing Mickey Mouse | 6/25/1984 | See Source »

...stock sale will bring welcome cash to some of London's newspapers, which collectively own 41% of the company and are nearly all losing money or making decidedly modest profits. The biggest nominal winner is Rupert Murdoch, whose papers in Britain and Australia have a 9.8% total share of Reuters' various classes of stock, worth approximately $100 million, none of which he is offering for sale. Murdoch, who also owns the New York Post and Chicago Sun-Times, acquired about 40% of his companies' interest in Reuters as an apparently minor part of his $27 million purchase...

Author: /time Magazine | Title: Press: Reuters' Hot Financial Flash | 6/11/1984 | See Source »

...head off the move, many companies are willing to buy back the purchased shares at a premium price. Greenmail practitioners include New York Financier Carl Icahn, 48, whose group pocketed $30 million when he sold his stock in Marshall Field to England's B.A.T. Industries, and Publisher Rupert Murdoch, 53, who made $40 million when Warner Communications bought back his shares at 35% more than the market price...

Author: /time Magazine | Title: Merger Rules | 6/4/1984 | See Source »

...covers Chicago's tumultuous Democratic machine fairly. Among the paper's stars are Columnists Bob Greene, who specializes in offbeat portraits of ordinary people, and Mike Royko, a Chicago institution who jumped to the Trib along with about a dozen others when Australian Press Lord Rupert Murdoch took over its tabloid rival, the Sun-Times...

Author: /time Magazine | Title: Press: The Ten Best U.S. Dailies | 4/30/1984 | See Source »

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