Word: trumps
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...Congress will almost certainly be unwilling to renew the military funding that will soon run out for Reagan's favorite freedom fighters. And the willingness of Honduras to go along with the plan means the contra forces could not operate from bases there. Yet the contras still had a trump they could play. Declared Adolfo Calero: "Any decision on a cease-fire would have to be either accepted or rejected...
Clearly, the action by the Governors marked a stand against nuclear energy. They knew that by refusing to offer the evacuation plans they were playing trump cards which would prevent the NRC from licensing the plants. Markey, as a strenuous opponent of nuclear energy, sponsored the amendment because he saw the potential in the Dukakis and Cuomo actions to prevent unclear plants from being licensed forever...
Look out, Texas Air and American! Fasten your seat belts, TWA and Delta! The old United Airlines is aiming to make a comeback -- under new leadership. And forget about that weird name Allegis, which Builder Donald Trump said was "better suited to the next world-class disease." The new chairman plans to scuttle that moniker, along with the company's dubious strategy of being a sprawling travel conglomerate that rents cars and runs hotels. From now on, United will concentrate on the airline business, this time with its pilots eyeing roles in the boardroom as well as in the cockpit...
...first major investors to begin sniping at management was New York City Developer Trump, who bought just under 5% of the company's stock and hinted that he might join in the pilots' takeover effort. But Trump sold his stake in the airline for a reported profit of $55 million. In the meantime, the little-known Coniston Partners had been quietly amassing shares, and suddenly emerged as Allegis' largest shareholder. Brandishing a 13% stake in the firm, the partnership announced its intentions to overthrow the Allegis board, name its own slate of directors and sell off the company piece...
...pilots' ploy obviously intrigued Wall Street. The price of the Elk Grove, Ill.-based company's stock rose from 59 on Monday to close out the week at 72 3/8. One of the main beneficiaries was New York City Developer Donald Trump, who had amassed just under 5% of the firm's shares, which may make him UAL's largest individual stockholder. Trump, 40, helped set the takeover rumors racing when he joined the pilots in criticizing Ferris' management approach. He also scorned the company's name change, which is expected to cost UAL about $7.3 million. Allegis, Trump said...