Word: threats
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Dates: during 1980-1989
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...takeover artist T. Boone Pickens. In that case, the court decided that companies may take defensive moves only if they are "reasonable," as Unocal's were deemed to be. Paramount argued that Time's decision to launch the tender offer for Warner was excessive in proportion to the takeover threat and thus failed to meet the Unocal standard. But Allen rebuffed that claim, holding that the Time board "did only what was necessary to carry forward a pre-existing transaction in an altered form...
...culture' as being nothing more than a desire to perpetuate or entrench existing ((Time)) management disguised in a pompous, highfalutin' claim." Wrote he: "I understand the argument . . . But I am not persuaded that there may not be instances in which the law might recognize as valid a perceived threat to a 'corporate culture' that is shown to be palpable (for lack of a better word), distinctive and advantageous...
...merged Time Warner Inc. will still have to generate the rising stock values that the two companies have promised, or the communications giant, for all its size, could face a new takeover threat. Says Alfred Rappaport, chairman of Chicago's Alcar Group, a management-consulting firm that champions shareholder value: "What Time must now do is not celebrate the decision, but convince the marketplace that the new company can still deliver." For now, however, Time must keep one eye on the marketplace and the other on a courtroom in Wilmington, where its freedom to purchase Warner will finally be decided...
...easy to understand--and yet it is precisely these feelings that poses the greatest threat to the U.S. as it reevaluates our role in space...
...government ordered a halt to work on a segment of the line. Fears were further heightened last month when The New Yorker magazine published a series on "The Hazards of Electromagnetic Fields." Author Paul Brodeur charged utility companies and public health officials with trying to gloss over the threat to health posed by power lines and computer terminals...