Word: sums
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...prices soared so high that they were no longer the ultimate measures of value. The KKR team surpassed Johnson's group in demonstrating to RJR's board that it intended to give a fair shake to stockholders and employees, that it had the financial experience to raise the huge sum involved and that it would try to keep most of the company in one piece. After being named the winner, KKR partner Henry Kravis, 44, declared, "We want everything to settle down and everyone to get back to work." He added, "Oreos will still be in children's lunch boxes...
...potentially most damaging brawl in Wall Street history. By last week three groups were locked in a titanic struggle for the company (1987 revenues: $15.8 billion), and the offering price has climbed above $26 billion -- more than the gross national product of Peru or Portugal and twice the sum that Chevron paid for Gulf Oil in 1984 in the largest previous merger. The ordeal turned into a feeding frenzy for hangers-on as well: hundreds of lawyers and investment bankers involved in the bidding stand to earn a total of as much as $1 billion for their expertise...
...appeals court agreed. The Supreme Court refused to hear the case, and now Hallmark has agreed to stop publishing the Personal Touch cards, buy back existing cards in the line from some 21,000 Hallmark outlets in the U.S. and pay the Schutzes an undisclosed sum. Said Susan: "We got everything we wanted...
...that sum, $4000 will be reserved for emergency grants through the course of the semester, and $4000 will fund a "capital expenditures fund" for groups buying major equipment like sound systems, said Council Treasurer Michael R. Kelsen...
...have to make some real choices that are not costless choices. First of all, Medicare is a program that when L.B.J. announced it, he thought was going to cost $500 million, and it's heading rapidly toward $100 billion. Thirty percent of that money, which is a mammoth sum, goes to the last year of life...