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...Wall Street realized immediately what the company was up to: trying to boost the price of its shares and protect itself against takeovers. Little did the markets know, however, that Polaroid was already being stalked by a raider. For weeks, Shamrock Holdings, the investment company owned by Roy Disney, Walt's nephew, had been secretly accumulating Polaroid stock. At the same time, Shamrock sent letters to Polaroid's management proposing to buy the whole company. But Polaroid refused the offer, unveiling its restructuring plan instead. Last week the battle burst into the open, as Shamrock made a hostile $2.68 billion...

Author: /time Magazine | Title: TAKEOVERS: Disney Enters The Picture | 8/1/1988 | See Source »

...seats are covered in coordinating sections of red, white and blue, RUNDMC accompanies Bruce Springsteen for the national anthem. Walt Disney World produces the halftime extravaganza show, "Up with Soccer." Balloons and confetti fly everywhere. And then there's always Keith Jackson, the quintessential announcer...

Author: By Julio R. Varela, | Title: America and the Cup | 7/6/1988 | See Source »

...Framed Roger Rabbit combines live action and animation with a dexterity that Walt Disney could only dream about...

Author: /time Magazine | Title: Time Magazine Contents Page June 27, 1988 | 6/27/1988 | See Source »

Roger Rabbit careers like a Toontown trolley and boasts a technical dexterity that Walt Disney could only have daydreamed of. At first you may snap to suspicious attention when, say, a cartoon stork pedals a real bicycle, or Jessica diddles a human's necktie. But the film encourages you to vacation in its ingenuity. Drop by the Ink and Paint Club, Toontown's toniest dive, where the password is "Walt sent me," penguin waiters patrol in tuxedos, and Daffy and Donald Duck, together for the first time, perform a piano duet. Meet old friends like Mickey and Bugs, Tweety...

Author: /time Magazine | Title: Cinema: Creatures of A Subhuman Species WHO FRAMED ROGER RABBIT | 6/27/1988 | See Source »

...southpaw with a million-dollar arm and a five-cent head. Nuke is a little raw. He's meat in need of curing, and Annie sees that as her mission. So she straps him into her bed and reads passages from I Sing the Body Electric. You remember Walt Whitman; according to Annie, he pitched for the Cosmic All- Stars. And his dithyrambs, invoking "limitless limpid jets of love," could be in praise of a fastball pitcher whose arm doesn't turn to overcooked pasta in the top of the ninth. They could also be about sex. "When you know...

Author: /time Magazine | Title: Cinema: I Sing the Body Athletic BULL DURHAM | 6/20/1988 | See Source »

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