Word: seagrams
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...Cunningham appeared in a PEOPLE magazine spread that included a picture of Bill on his knees before Mary. Asked about this by the Wall Street Journal, Hennessy said, "All I know is, I wouldn't do it." Cunningham is now a vice president for strategic planning at Seagram, the Manhattan-based liquor manufacturer. For the past eight months, she and Agee have been commuting between a suite in New York City's Helmsley Palace and a home in Detroit's northern suburbs, near Bendix...
...these insights came later. In 1952 Lever House was universally praised. On Park Avenue at present, its quality is surpassed only by Mies van der Rohe's Seagram Building, one block away. Said Architect Eero Saarinen: "Bunshaft should be covered with laurels. He has created one of the finest buildings of our time...
...bring in its own people. It took only 16 months, for example, for John Duncan, 62, to pull the ripcord on his $1 million golden parachute after the company he headed, St. Joe Minerals Corp., was bought 18 months ago by Fluor Corp. to escape a hostile bid by Seagram Co. Ltd. of Canada...
...largest white knight merger of all was Du Pont's purchase of Conoco in September 1981 for $7.4 billion, against hostile bids by Mobil and Seagram. Conoco has turned into Du Pont's most profitable division; its performance blocked Du Pont's earnings last year from being even lower than they were. But the recession has weighed heavily on the chemical giant, making the huge debt from the Conoco purchase harder to carry, and forcing the company to omit its customary extra year-end dividend. To save money, Du Pont executives have announced plans to close Conoco...
...Union last week, a little dazed by Russian rhetoric but encouraged by the prospects of doing more business with the Soviets. Executives for Ingersoll-Rand, for example, arrived with a fistful of projects on which the Soviets wanted bids from the big New Jersey equipment maker. Distiller Joseph E. Seagram & Sons of New York struck a deal to sell the Soviets 8,600 cases of liquor for their hotel industry. Along with the booze will go a much needed seminar to teach Moscow's bartenders how to be less surly...