Word: targetting
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Dates: during 1980-1989
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Rhode Island's Fernand St. Germain, chairman of the powerful House Banking Committee and a 1987 target of a House ethics investigation, lost his bid for a 15th term to attorney Ronald K. Machtley. Last month a Justice Department document disclosed "evidence of serious and sustained misconduct" in St. Germain's dealings with a lobbyist...
Until today, the Crimson offense was having serious scoring difficulties, never tallying more than two goals per contest. But with forwards D'Onofrio, Mills, and junior Dave Kramer turning in their top performances of the season, Harvard's attack was on target today...
...apparent target was President Maumoon Abdul Gayoom, 50, member of a well-known Maldivian family who was re-elected in September to a third five- year term. The rebels literally had the government on the run: Gayoom and several Cabinet members fled from house to house to avoid capture during the 18-hour invasion...
...retailing giant (1987 revenues: $48.4 billion) was putting its landmark headquarters, the Sears Tower, on the block. Target price: a record $1 billion-plus. The offering was remarkable not just for its size but for its symbolism: the 110-story tower, which commands a view of four states, had seemed to signify the company's invincibility and dominance over the U.S. consumer marketplace...
What hastened the move was the arrival of the unthinkable: a rash of giant takeover deals that raised the possibility of Sears itself becoming a raider's target. To make its stock more dear, Sears plans to invest at least $1.5 billion in buying back 10% of its outstanding shares. Yet later in the week came rumors that a takeover bid was being considered by such candidates as developer Donald Trump and Revlon chairman Ronald Perelman. With a market value of at least $16 billion, Sears is still a long shot as a takeover victim. But analysts think the company...