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...body against its dark background is a trifle obvious as a metaphor of hills and undulant landscape. But in the best of these pictures, like The Sauna, 1968, and Indian Summer, 1970, laconic composition and reflective grasp of structure place this sturdy, blunt frame before us with a tender but remote specificity. Fact as poetry is becoming Wyeth's strength. · Robert Hughes

Author: /time Magazine | Title: Art: Fact as Poetry | 9/3/1973 | See Source »

Long worried by overwhelming U.S. ownership of some major industries, Canadians are trying a new tactic for redressing the balance: they are moving to buy up foreign-owned firms in key areas, particularly natural resources. Last week the government-owned Canada Development Corp. made a $290 million tender offer for shares in U.S.-owned Texasgulf Inc., a large natural-resource company that has piled up high profits by digging deep holes in the ground...

Author: /time Magazine | Title: TAKEOVERS: Canada for Canadians | 8/6/1973 | See Source »

...tender offer is the largest deal that the C.D.C. has so far attempted. The addition of Texasgulf to its portfolio (other holdings: a synthetic-rubber maker, three medical laboratories in Canada) is expected to speed plans to put C.D.C. stock on sale to the Canadian public. C.D.C. is offering $29 a share for 10 million of the Texasgulf shares held by non-Canadians. Those 10 million amount to one-third of the outstanding stock. If more shares than that are tendered, C.D.C. may buy them too. After the bid, the price of Texasgulf shares rose from...

Author: /time Magazine | Title: TAKEOVERS: Canada for Canadians | 8/6/1973 | See Source »

...takeover would have on Texasgulf. C.D.C.'s president, H. Anthony Hampson, the former head of a large Canadian mutual-fund management company, says only that C.D.C. will seek an "appropriate degree" of representation on Texasgulf's board. Fighting back, Texasgulf filed suit in Houston to block the tender offer; a federal judge issued an order restraining the offer until Aug. 6, when a hearing is set on the company's motion for an injunction...

Author: /time Magazine | Title: TAKEOVERS: Canada for Canadians | 8/6/1973 | See Source »

...contrast, Skelton's father is literally a basket case, who seldom stirs from a canopy festooned with mosquito netting. But hearing of Dance's threat, he lurches into unaccustomed activity. Perhaps the book's best scene is a tender confrontation between father and son, the father knowing the son's moral course the way the guides know the bonefishing tides, and being equally helpless to shift...

Author: /time Magazine | Title: Books: Papa's Son | 8/6/1973 | See Source »

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