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With assets of only $349 million, compared with Kennecott's $2.7 billion, Curtiss-Wright, a maker of aerospace parts and industrial equipment, does not have the financial resources to make an outright tender offer for Kennecott. That would cost some $750 million. Curtiss-Wright even had to borrow from its banks to buy its 10% of Kennecott stock...

Author: /time Magazine | Title: Business: Proxy Raid by an Old Brigade | 4/10/1978 | See Source »

...could extract a quid pro quo, notably persuading the reluctant West Germans and Japanese to expand their economies in order to enhance world recovery. "It is in the interest of all governments to intervene to lift the dollar," Triffin says persuasively. "The problem simply cannot be left to the tender mercies of the speculators...

Author: /time Magazine | Title: Business: Strategy for the Dollar | 3/6/1978 | See Source »

Cook, who set up Jon Garrity's game-winning goal versus Princeton February 4, played a fantastic game against N.U. Wearing a face mask to protect his still-tender jaw, Cook scored Harvard's first goal with a sharp tip-in of a Garrity backhander, tying the game at one-all in the first period...

Author: By Fritz Mcloughlin, | Title: Jack & Co. Do a Number on N.U. | 2/7/1978 | See Source »

Damascus, Syria, 1974: Hidden KGB cameras click softly, and a secret microphone records the tender dialogue as an Arab diplomat dallies with a male paramour in the city's infamous Turkish baths. Threatened afterward with disclosure of his homosexuality, the diplomat agrees to pass information...

Author: /time Magazine | Title: Nation: KGB: Russia's Old Boychiks | 2/6/1978 | See Source »

Accepting the inevitable, Andreotti last week convened a farewell Cabinet meeting and drove to the Quirinale Palace to tender his resignation to President Giovanni Leone. The President immediately began the time-honored ritual of inviting officials of all parties to the Quirinale for talks. Among them: Communist Party Boss Enrico Berlinguer, Socialist Party Leader Bettino Craxi, Neo-Fascist M.S.I. Chieftain Giorgio Almirante, and two Christian Democratic veterans, Benigno Zaccagnini and Amintore Fanfani. After all that, Leone asked Andreotti to try to form a new government...

Author: /time Magazine | Title: ITALY: Another Government Dissolves | 1/30/1978 | See Source »

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