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Hunger pains seem to come regularly for Philip Morris, the food-and-tobacco giant. Although it acquired General Foods in 1985 and Kraft in 1988, the company (1989 revenues: $44.8 billion) was still on the lookout for new morsels. Last week Philip Morris said it agreed to spend $3.8 billion to gobble up Zurich-based Jacobs Suchard AG, the world's third largest producer of coffee and confections. Among Suchard's best-known brands: Tobler chocolate...

Author: /time Magazine | Title: MERGERS: Chow Time for Philip Morris | 7/2/1990 | See Source »

...family's interest in the company. That burden was aggravated by rising European interest rates and slumping profits. For Philip Morris, whose 3,000 consumer brands range from Miller Lite beer to Marlboro cigarettes, the takeover means a stronger presence in Europe and further diversification out of tobacco...

Author: /time Magazine | Title: MERGERS: Chow Time for Philip Morris | 7/2/1990 | See Source »

When the shelling subsides, soldiers stretch out in their shelters, supine and seemingly impassive. Only the incessant chewing of betel nuts hints at stress. When they are not chewing, the men smoke cheroots. And when their tobacco runs out, they smoke rolled-up pieces of newspaper. Saw Klee Moo dangles a stick of paper out of the side of his mouth like a fat cigar, but he keeps it unlighted. The children fighting alongside their elders are too young to have developed nervous habits...

Author: /time Magazine | Title: Burma Junior Rambos | 6/18/1990 | See Source »

...early spring of this year. Mark's Egyptian fiancee mailed him a package of his favorite tobacco, ending a three-month attempt at quitting his sheesha. A sheesha is an elaborate water pipe, with a glass bowl base, topped by brass fittings called 'alb al-sheesha, or "heart of the sheesha." "Above this fans out a copper dish that serves to catch any coals or ash falling from the haggar or "stone." Smoke is drawn through the lay (hose) which is connected to the 'alb al-sheesha...

Author: By John P. Thompson, | Title: Bringing Home the World: Exploring the Margins | 6/7/1990 | See Source »

This spring, after three months abstinence, the sheesha brought back strong memories of his explorations of Cairo. It was easy to sit with him in the back-yard, stirring tea, handing back and forth the lay, basking in a stream of Arabic names and stories. Every night until the tobacco ran out, Mark would be in the backyard, arranging glowing embers with the masha' (a pair of small brass tongs), cupping his hands and blowing softly on the coals...

Author: By John P. Thompson, | Title: Bringing Home the World: Exploring the Margins | 6/7/1990 | See Source »

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