Word: tenderer
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...looking at the action of traders amid the turbulence surrounding Broadcaster Ted Turner's acquisition of MGM/UA, for which the Atlanta buccaneer paid $1.6 billion last March. In October 1985 the New York-based Maxxam Group, an investment and real estate- holdings firm, made an $800 million tender offer for San Francisco's Pacific Lumber, leading to the companies' merger early this year. Boesky is said to have bought 10,000 shares of Pacific Lumber stock three days before the tender was made public, and he may eventually have owned 5.1% of the company's shares. Another case reportedly receiving...
...were no close-ups of Lynch on the sidelines, helmet off, smiling at the camera. No shots of him giving the V sign after still another long gain. There would be just a quick pan to the number on his back as he lumbered off the field in that tender-kneed way of his, a big, good-looking man, who was virtually undistinguishable under his helmet and football gear. At first, the bar's patrons would cheer just the brief mention of Lynch's name on national TV, but after a few years of such random mentioning by Summerall...
...flash from their past, a dim, half-remembered moment from their athletic youth. They call that moment into focus at the bar, embellishing it. An argument ensues. "In your dreams," someone says. They laugh. The bar door opens. A big, shambling man with a droopy mustache enters with the tender-kneed, left-right stride of a man who's fallen off too many broncos. He is wearing a goose-down vest, a snap-button shirt, jeans and pointy-toed cowboy boots, all of which look out of place in this working man's, New England...
Lynch orders a beer. He stands behind the men seated at the bar. They comment to one another, but not to Lynch, on the unfolding action on TV. Lynch is silent. He shifts the weight on his tender knees. Finally, he walks over to a table and sits down, his stiff leg protruding into the aisle. He nurses his beer while lost in the game. He leans toward the action, elbows on knees, and looks for things his contemporaries are oblivious to. He smiles every now and then at a comment by Summerall, as if Summerall had missed the point...
...coins, which are legal tender, have face values of $50, $25, $10 and $5 and weigh, respectively, one ounce, one-half ounce, a quarter of an ounce and a tenth of an ounce. The Eagles will sell to consumers for the market price of gold, which closed last week at $425 per oz., plus an estimated 8% markup. It may take as long as two weeks for the currency to filter down to retail dealers, who will then offer them to the public. The U.S. last issued gold coins in 1933, but then they traded at their face value; bullion...