Word: saling
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Dates: during 1980-1989
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...expected to succeed American Express Chairman James Robinson, 53, has never run a tobacco business. But KKR partner Henry Kravis chose Gerstner for his prowess as a strategic planner. Among other accomplishments, Gerstner launched the successful Platinum card. As chairman at RJR Nabisco, he will have to engineer the sale of about $8 billion in assets to pay off some of KKR's buyout borrowings. But his compensation will be as tall as his task: as much as $45 million over five years...
...came on three fronts. The Bush Administration unexpectedly imposed a ban on the importation of five different types of semi-automatic rifles, pending a review to determine whether the guns have a real sporting purpose or are used primarily to kill people. The next day Colt Industries suspended commercial sales of the AR-15 semiautomatic rifle, the civilian copy of the military's M-16. In California the 80-member state assembly voted by a narrow margin (41 to 38) to outlaw the manufacture and sale of semiautomatic weapons, a move that could inspire two dozen other state legislatures considering...
Tickets for Sale: Tomorrow night's Harvard-Lake Superior State game is already sold out, but a limited number of tickets are still available at $8 apiece for the Saturday and Sunday night games...
Tickets are on sale at the Harvard Athletic Ticket Office in the basement of Harvard Hall. No coupons are necessary...
...Montreal routes to USAir. In addition, Eastern leased landing slots on its New York-Miami routes to Continental. Accusations flew that Lorenzo was dismantling the airline even during the strike. Responded Lorenzo angrily: "Had we sold assets quicker, Eastern wouldn't be in bankruptcy today." Along with the shuttle sale to Trump, the deals with USAir will have to be approved by the bankruptcy judge...