Word: tenderness
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...Tender Trap. The fight illustrates a major U.S. business trend: not since the heyday of corporate raiding in the 1950s have there been so many attempts at "unfriendly" takeovers-those that are resisted by the management of the company being acquired. Instead of staging a proxy fight, today's takeover artist usually asks stockholders to "tender" him their shares for purchase at a fixed price by a set date. A decade ago, tender offers were practically unheard of. But a record 113 offers were registered with the Securities and Exchange Commission during the fiscal year that ended June...
...along with a takeover by United Technologies Corp., which bought two-thirds of Otis' stock after upping its bid to $42 a share from $40. The management of Garlock Inc., a producer of leakage-control devices for pipes and machinery, last week withdrew a court suit against a tender offer by Colt Industries, which increased its bid to $35 a share from $32. In other tender offers now being contested, Crane Co. is seeking shares of Anaconda Co. and Babcock & Wilcox is seeking control of American Chain & Cable...
...spring the tender trap, an acquisition-minded company usually advertises its willingness to buy stock in another firm at a price well above current market value though commonly below the stock's book value, or proportionate share of the company's net worth. The aggressor usually gives no warning; the management of a company under attack often learns about the tender offer only by reading the newspaper ads the same day stockholders...
...subtler pieces are all there too: the way the mother, for example, sits down on the bed in the hotel room before agreeing to take the room is a gesture peculiar to the European bourgeoisie. Souffle du Coeur is at heart a comedy of sexual manners, but a tender one. It's never maudlin, but it's not the kind of W est-Side-shrink humor you'd expect from a comedy about incest, either. Funny movies can be morally sane, Malle proves...
...would blow the bow off the Bounty. For added flavoring, rival chili heads stirred in dried armadilla blood, tequila, beer and, it was reported, marijuana. Singer Kathryn Grayson's "All-American chili" incorporated meatballs, Italian-style. The ingredients used by Girl Scout Troop 256 from Odessa, Texas, were "tender love and affection and a pinch of paprika...