Word: seagrams
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Stock of Time Warner, the $14.5 billion movie, cable-TV, recording, telecommunications, magazine-publishing giant and employer of Madonna, Metallica, Batman and the staff of this publication, leaped 11% on Tuesday alone, to $40 a share. It closed the week at $39. Some of the recent buying came from Seagram, the beverage giant, which boosted its holdings to 14.9% of Time Warner's shares. But more came from traders reacting to a sudden storm of rumors that Seagram's president, Edgar Bronfman Jr., had finally decided to go for an outright takeover. Rumors endowed Bronfman with a long string...
...this effort is expected to start paying off within two years. The club is talking with such Western firms as Seagram's, McDonald's and Pepsi about crucial sponsorship deals. It is also looking to sell Penguin paraphernalia abroad in hopes of winning a chunk of the $800 million N.H.L. merchandise business...
...Philadelphia Inquirer reported that Packwood had received 243 donations from officials at some 15 corporations, totaling $275,000. His female accusers, by contrast, have raised only $25,000. Angry consumers then threatened to stop doing business with the offending companies. As those companies, MCI, Eli Lilly and Seagram among them, scrambled to offer justifications, it seemed unlikely that many new donors would wade into Packwood's swamp...
...Seagram, the Canadian liquor and beverage company, acquired a 5.7% stake in Time Warner, the entertainment and media company, and sought approval to purchase up to 15%. Seagram said its investment was friendly...
...telling anyone," said Michel Forgeron, a Segonzac grape grower whose calloused hands and weathered face attest to a life outdoors. "Now we don't know where we are going." Until recently, he sold the spirits he distilled from 40 acres to Cognac's family firms. Now multinationals such as Seagram and Guinness have moved in: even Monnet's old company was once sold to Germans and then to Britons. "Decision makers in Toronto or Paris do not care whether we live or die," said Forgeron's wife Francine. "We are pawns on the chessboard...