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Gulf was scared, so scared that, to fend off Pickens, it went public on February 24. As the oil world shook itself out, three buyers emerged by the March 14 purchase deadline--Arco at $72, Socal at $80, and an extremely complicated offer worked out by some Gulf executives with the help of a financial house which specializes in this kind of corporate jihad. Although the in-house offer would have reaped the most--$87 per share with plans to spin off the least profitable branches of the company to increase its overall attractiveness--it was too complex...

Author: By Peter J. Howe, | Title: Trying for More | 3/22/1984 | See Source »

Smith struggled to his feel shook himself out and returned to the benefit to get his breath with as much poise as Olson ever showed...

Author: By Marie B. Morris, | Title: Here We Go Again | 2/28/1984 | See Source »

After a state funeral for Andropov in Red Square attended by thousands, Chernenko received more than 170 foreign dignitaries amid czarist-era splendor in the Kremlin's Hall of St. George. Unlike his predecessor, who had engaged in reception-line diplomacy following Brezhnev's funeral, Chernenko shook hands stiffly, his face rarely creasing into the smile of the practiced politician. He did not appear to greet such Communist stalwarts as Cuban Leader Fidel Castro or Polish Premier Wojciech Jaruzelski with any more enthusiasm than he greeted Vice President George Bush or British Prime Minister Margaret Thatcher...

Author: /time Magazine | Title: Konstantin Ustinovich Chernenko: Moving to Center Stage | 2/27/1984 | See Source »

...with the West Virginia Hatfields that took 30 to 50 lives over 30 years; of congestive heart failure; in Liberty, Ky. Although bloodshed between the rural Appalachian clans ceased long ago, it was not until May 1976 that former Coal Miner McCoy and the late Willis Hatfield, then 88, shook hands to end America's most famous misunderstanding, the origins of which are unknown. Last week, to the strains of Amazing Grace, the McCoys gathered to pay their last respects-at the Hatfield Funeral Chapel in Toler...

Author: /time Magazine | Title: She Had Rhythm and Was the Top | 2/27/1984 | See Source »

...Committee President William Simon stated plainly before the Games began, calling for "a uniform definition of amateurism" or "being honest about it and having open Games." Citing the track-and-field trust-fund accounts as an example of "pure sham," Simon spoke of athletes "taught how to cheat" and shook his head...

Author: /time Magazine | Title: Sport: Snows, and Glows, of Sarajevo | 2/20/1984 | See Source »

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