Word: walls
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Dates: during 1980-1989
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...family was finishing breakfast, five heavily armed men stepped from a car with Israeli license plates and unleashed a barrage of insults and indiscriminate gunfire. "It was an expression of raw hatred," says Rafik, pointing to broken windows and mirrors and a dozen bullet holes in the wall. When the army arrived, the settlers fled and soldiers fired several rounds of rubber bullets at the stunned Palestinians as they emerged from their house. "This violence and humiliation make it difficult to believe we can ever live together," he says...
...family moved to Urumqi in Xinjiang. On Wuer's bedroom wall hung a portrait of the ancient poet Qu Yuan. Wuer began to write poetry, and took part in school affairs. He helped edit the school newspaper, an experience friends believe developed his interest in freedom of the press. In the summers he went on school field trips into the mountains to stay with the cossack herdsmen. That too left an impression. "He could tell the difference between the life of the ordinary people and the life of the leaders, and he got ideas from these people," said a friend...
...latest agreement replaced a March merger proposal that called for Time to acquire Warner in a swap of 0.465 shares of Time stock for each Warner share. But some on Wall Street had complained that the deal gave Time shareholders no immediate financial reward. "The marketplace has told us we can do better," said Time's Nicholas, 49. "We're still acquiring Warner, but now we're using cash." Nicholas acknowledged that the combined company's earnings would suffer in the short run, but he argued that the company's value will be evident to anyone who examines its assets...
...Wall Street investors took a cautious first look at the proposed Time- Warner cash bid. Time stock, which had closed at 180 on Tuesday on rumors that major new bidders might enter the fray, fell to 162 1/2 a share on Friday. Warner stock rose to 59 1/4, up 3 1/8 for the week, and Paramount, which was also the subject of takeover rumors, closed at 58 1/8, down 1. Many takeover speculators, some of whom own stock in all three companies, seemed perplexed at the growing complexity and unpredictability of the triangular struggle...
...Paramount's proposal. Disappointed Time stockholders may be inclined to bring lawsuits accusing the company of failing to look after their immediate interests. Said a top Time executive: "Of course, there will be a lot of shareholder suits. But there will be a lot whatever we do." Many Wall Street analysts believed Time's new play for Warner could attract additional bidders for both companies, which helped explain why Time's stock price remained relatively high despite the board's rejection of the Paramount...