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Although the size of the reportedly all-cash bid was not disclosed, industry analysts have put the price tag at more than $1 billion. Tobu plans to promote Saks in Asia. B.A.T. is said to have received several bids for the highly profitable retailer since putting it up for sale last year in an effort to repel a $21 billion hostile takeover by Sir James Goldsmith...

Author: /time Magazine | Title: RETAILING: New Link for an Old Chain | 3/26/1990 | See Source »

...corner lies a new grave, the bare earthen mound not yet pounded flat by rain. A miniature Christmas tree, a few cheap ornaments clinging to its brown branches, adorns the tomb. Two tiny Santas in plastic bags, a mud- spattered price tag still attached, poke up out of the dirt. No plaque marks this resting place, perhaps betraying a neglect born of the longing to forget...

Author: /time Magazine | Title: Houston, Texas So Small, So Sweet, So Soon | 3/26/1990 | See Source »

...price tag on Lithuania is now about $34 billion dollars. That's what Gorbachev said that the Republic of Lithuania owes the Soviet Union for investments in factories, roads, nuclear reactors and other improvements introduced by Joseph Stalin and the Red Army Civic Improvement Association...

Author: By Beth L. Pinsker, | Title: Freedom at Fire Sale Prices | 3/21/1990 | See Source »

...MIGHT be tempted to think that putting a price tag on freedom is absurd, and that both sides are clouding the issue of popular sovereignty by bickering over dollars. Our condemnation doesn't carry much moral force, however, because the Soviets learned their methods from us. If we cheer the Lithuanians for moving towards democracy, then we will be stuck cheering for Gorbachev for the down-and-dirty business practices he has adopted...

Author: By Beth L. Pinsker, | Title: Freedom at Fire Sale Prices | 3/21/1990 | See Source »

...again. Last week the Nuclear Regulatory Commission voted 3 to 0 to give the station a license to operate at full power. Plant officials praised the decision as a "triumph of reason." They predicted that the reactor, now eleven years overdue for its start-up and carrying a price tag of $6.4 billion, more than six times its original budget, would begin sending electricity across New England by summer...

Author: /time Magazine | Title: NUCLEAR POWER: Fresh Start, Or Last Gasp? | 3/12/1990 | See Source »

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