Word: salvos
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Dates: during 1980-1989
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Consumer advocates have been campaigning in recent years to get companies to eliminate tropical oils. Last fall Phil Sokolof, founder of the National Heart Savers Association, fired the strongest salvo yet in the ongoing battle. He began placing full-page ads in leading newspapers lambasting U.S. food processors for "the Poisoning of America" and featuring photos of their offending products. Sokolof, 66, a building-materials manufacturer in Omaha who suffered a heart attack 22 years ago, has spent $2 million so far on his crusade. Says he: "People feel like they have been deceived by the food companies." Sokolof points...
Milken's junk bonds remained innocuous until the mid-'80s, when he began using the securities to raise mountains of money for hostile takeovers. In fact, the preferred opening salvo of corporate raiders became the dreaded letter from Drexel in which the firm stated it was "highly confident" of coming up with the necessary cash. In some cases, like T. Boone Pickens' failed bid in 1984 for Gulf Oil, Drexel charged a hefty fee for lining up money that it never had to deliver. But in many other raids, including Ronald Perelman's 1985 takeover of Revlon, Milken raised billions...
...antidraft activists of the End Conscription Campaign. Defense Minister Magnus Malan calls them "anti-South African." The police have repeatedly raided the campaign's 40 offices and campus branches, and jailed 96 of the group's members without charge. Last week Pretoria fired its latest, and most devastating, salvo. Minister of Law and Order Adriaan Vlok banned the group from "continuing any activities or acts...
...enthusiastically philanders. Audrey, 51, ensconced for the season and steadily tippling vodka in the privacy of her own bedroom, feels a bit edgy over the arrival, a week earlier, of their unprepossessing son Bobby and the stranger he introduces as his new wife. Audrey wonders whether Lydia, nee Di Salvo, the daughter of a prosperous private trash collector, will be able to live up to the lofty standards of manners and deportment that prevail in the Graves family. Still, the weather is sunny and warm enough to soothe implicit tensions. And everyone is looking forward to another marvelous breakfast prepared...
...over the alleged violation of an arcane bit of copyright law. But by last week it was clear to the computer industry that the federal lawsuit filed by Apple Computer against Microsoft, a leading U.S. software firm, and Hewlett-Packard, a major electronics company, could be just the opening salvo in a monumental legal battle. The dispute pits two of the best-known figures in the industry against each other: John Sculley, 49, president of Apple; and Bill Gates, 32, chairman of Microsoft. It also seems calculated to derail the plans of IBM to endow its computer line with...